‘A different stage’: EU says Russia escalating Ukraine war with attacks on civilians to pile pressure on Nato, Germany, US and UK January 27, 2023 A senior EU official said Russia has taken its war against Ukraine to “a different stage” by making indiscriminate attacks on civilians and non-military targets. The official also accused Moscow of triggering recent moves by Germany and the United States to send advanced tanks to Ukraine. Stefano Sannino, secretary general of the European Union’s European [...]
A Russian billionaire, the Dyson family, Gym Shark founder and Sting are among 100 of the richest Brits who paid nearly £5.2bn in tax during 2022 January 27, 2023 A Moscow-born billionaire is the UK’s top tax payer, paying more than £487m in just 12 months, according to the Sunday Times’ annual tax list. Alex Gerko, boosted the Treasury’s coffers by more than £1.3m a day or £55,639 an hour during 2023. Gerko, who became a British citizen and renounced his Russian citizenship late last [...]
Bank of England expected to raise interest rates by 50 points to post financial crisis high of four per cent January 26, 2023 The Bank of England is set to hike interest rates 50 basis points to four per cent next week, jacking them up to the highest level since the financial crisis, markets expect. City traders reckon its governor Andrew Bailey will lift borrowing costs for the tenth time in a row, something the UK central bank [...]
Zelensky in tell-all English interview says it’s ‘not correct’ to say if ‘good guy’ Boris Johnson should return as PM January 26, 2023 Ukrainian President Volodymyr Zelensky branded Vladimir Putin a “nobody” as he suggested that it was too late for face-to-face talks with the Russian leader to make any difference. Zelensky, who turned 45 on Wednesday, also praised his “special bond” with Boris Johnson but declined to say whether he would like to see him return as [...]
Hackers from Iran and Russia have ‘ruthlessly’ hit British journalists and politicians, GCHQ’s cyber centre warns January 26, 2023 Officials warn Iranian and Russian hackers have been “ruthlessly” trying to steal sensitive information from British journalists and politicians. The National Cyber Security Centre (NCSC), part of GCHQ, issued a fresh alert on increased hacking attempts directed at individuals and groups, though not at members of the public. “The Russia-based SEABORGIUM (Callisto Group/TA446/COLDRIVER/TAG-53) and Iran-based [...]
Polymetal shares plummet 30 per cent as miner weighs up London exit to ‘Russian-friendly’ Kazakhstan January 25, 2023 Shares in Polymetal International have nosedived 29.2 per cent on the London Stock Exchange this afternoon.
Ukraine’s other war: Deputy head of Zelensky’s office QUITS as Kyiv roots out corruption while army fights Putin January 25, 2023 A high-level shake-up in the Ukrainian government has cost nearly a dozen senior officials their jobs as the president sought to root out entrenched corruption while conducting the fight against Russia’s invasion. The deputy head of Ukraine’s presidential office quit after President Volodymyr Zelensky pledged to address high-level corruption allegations, including some related to specific [...]
Briton arrested and facing extradition to US for allegedly helping Russian oligarch with ties to Putin evade sanctions January 25, 2023 A British man has been arrested in Spain for extradition to the US for allegedly helping an oligarch with close ties to Russian President Vladimir Putin evade sanctions. The US Department of Justice (DoJ) said in a statement that Richard Masters, 52, was arrested by the Spanish Guardia Civil last Friday, though his Russian-Swiss co-accused [...]
Will the global economy avoid a recession? Some people think so January 24, 2023 The global economy will narrowly avoid a recession this year due to China dismantling its zero Covid policy, forecasters have predicted today. A boost from the world’s second biggest economy re-entering the global community is set to power world GDP 1.9 per cent this year, according to S&P Global Market Intelligence. Beijing’s surprise scrapping of [...]
Millions at risk if household energy support package is cut in April, Utilita warns January 24, 2023 The government should maintain support packages at current levels to ease pressure on households, warned Utilita.