Ukraine: Raab plays down threats of Putin using nuclear weapons March 6, 2022 Dominic Raab has played down the chances of Vladimir Putin using nuclear weapons as a result of the invasion of Ukraine, with the Russian President’s threats labelled as “rhetoric and brinkmanship”. The deputy Prime Minister said Putin has a “track record of misinformation and propaganda” in the wake of the Kremlin’s decision last week to [...]
Major UK insurers call on government to extend pension auto-enrollment to young workers March 4, 2022 A group of major British insurance firms and pension funds have called on the government to extend the UK’s pension auto-enrollment terms to include young and low-wage workers. The group sent a letter to Rishi Sunak yesterday to call on the government to “level up pensions for everyone” by abolishing the “lower earnings limit and [...]
Gavin Williamson given knighthood by Boris Johnson March 3, 2022 Former cabinet minister Gavin Williamson will be given a knighthood by Boris Johnson, after being sacked as education secretary last September. The Tory MP for South Staffordshire was also sacked in 2019 as Theresa May’s defence secetary for allegedly leaking National Security Council documents. Williamson came under fire during his time as education secretary for [...]
Number 10 ‘prioritising’ sanctions on Russian banks over Kremlin-linked oligarchs March 3, 2022 The UK is prioritising sanctions on Russian financial services firms instead of oligarchs because it will have a larger effect on stopping the “Russian war machine”, according to Number 10. Boris Johnson has been criticised in the past few days for not levelling more sanctions against Kremlin-linked oligarchs, particularly Chelsea owner Roman Abramovich, as the [...]
Council says it wants to rid central London of ‘candy and tat shops’ March 3, 2022 Westminster City Council has outlined its intention to rid central London’s Oxford Street of “questionable candy and tat shops” as a part of a £150m rejuvenation. Rachael Robathan, leader of the council, tonight said “Oxford Street is Europe’s hardest hit street” by Covid and that the decline will continue without a serious intervention. Footfall on [...]
Labour calls on government to ban UK luxury goods exports to Russia March 3, 2022 Labour is calling on the government to ban the export of British luxury goods to Russia as a part of the sanctions package levelled against Vladimir Putin’s regime. Shadow international trade secretary Nick Thomas-Symonds said the government must clamp down on companies like Burberry and Vivienne Westwood selling their goods to Russia to ensure “Putin [...]
Putin accused of attempted genocide as UN passes resolution to condemn Russia’s invasion of Ukraine March 2, 2022 The United Nations officially condemned Russia’s invasion of Ukraine today, with Boris Johnson saying that “we are united in our abhorrence to the evil actions” of Vladimir Putin. The UN’s general assembly voted 147 to five, with 34 abstentions, to pass the motion of censure this evening as Ukraine’s largest cities come under intensified bombing. [...]
City minister says UK changes to EU financial services rules will not be a ‘big bang’ March 2, 2022 Overhauling the EU’s financial services rulebook post-Brexit will not be a “big bang” moment and could take several years, according to UK City minister John Glen. Glen told Westminster’s Treasury Select Committee today that the push to reform EU regulation will be an “iterative” process and that any intervention will not “overnight change the competitiveness [...]
Starmer calls on PM to sanction ‘every Russian oligarch’ with UK assets March 2, 2022 Sir Keir Starmer has called on Boris Johnson to sanction “every oligarch and crack open every shell company” to shut out dirty Russian money from the UK. The Labour leader said Chelsea owner Roman Abramovich should in particular be targeted immediately, along with former Russian deputy PM Igor Shuvalov who has properties worth more than [...]
City minister John Glen outlines changes to ‘liberate businesses’ from EU regulations March 1, 2022 City minister John Glen has said his changes to EU financial services regulations will “liberate businesses” in the UK as he further outlines his package of reforms. Speaking to the Association of Financial Markets in Europe today, Glen said the post-Brexit changes “will remove unnecessary duplication and red tape for firms that want to raise [...]
