UK ponders more tanks as Putin’s war enters 11th month and Russia claims victories in eastern Ukraine January 20, 2023 Russia claims to have captured a village in its intense, months-long push toward the eastern Ukraine city of Bakhmut. It comes as military analysts said tanks, which could be sent by Kyiv’s western allies, would not be a magic wand in the 11-month war. Russian Defence Ministry spokesman Igor Konashenkov told a regular media briefing [...]
‘Hundreds of thank yous are not hundreds of tanks’: Ukraine’s president Zelensky pleads for help against Putin January 20, 2023 Ukrainian President Volodymyr Zelensky has appealed to western allies to speed up the delivery of military support – including badly needed heavy armour – in his country’s struggle against the Russia invader. In an address to a pledging conference at the US airbase in Ramstein, Germany, he urged assembled defence ministers to agree in “principle” [...]
Recession risks return as Brits brace for cost of living crisis to make 2023 a ‘bumpy ride’ January 20, 2023 UK consumer confidence dipped for the first time in two months in January, raising the risk the economy will slip into recession after all despite a string of better than expected data recently, a closely watched survey out today reveals. A credit card debt hangover from the Christmas spending splurge and energy bills looming has [...]
Why former Nato chief Lord Robertson told Parliament Britain is now at war with Putin’s Russia over Ukraine January 19, 2023 Britain is at war with Russia over Ukraine, a former Nato chief has told Parliament. The stark assessment was made by Lord Robertson of Port Ellen as he welcomed the support being provided to the Kyiv government, including the sending of 14 Challenger 2 tanks. The Labour former defence secretary also expressed the hope the [...]
Energy bills could drop under £2,000 per year as Cornwall Insight slashes price cap prediction again January 19, 2023 Energy bills could fall even further than expected next winter - with the price cap dropping below £2,000 per year.
McDonalds and Nissan could buy back Russian subsidiaries as it is revealed most Western corps have failed to exit the country January 19, 2023 The vast majority of Western corporations have failed to properly exit Russia, according to research carried out by two Swiss universities. Multinational firms such as including McDonalds and Nissan even have kept an option to buy back their Russian subsidiaries via clauses into their exit contracts; this would let them return to Russia if tensions [...]
Putin ally Medvedev admits Russia could lose Ukraine War – and threatens nuclear response January 19, 2023 Former Russian President Dmitry Medvedev, an ally of Kremlin chief Vladimir Putin, warned the North Atlantic Treaty Organization (NATO) on Thursday that the defeat of Russia in Ukraine could trigger a nuclear war. Since Russia invaded Ukraine, Medvedev has repeatedly raised the threat of a nuclear apocalypse, but his admission now of the possibility of [...]
Great British Nuclear lacks ‘overarching strategy’, warns leading advisor January 18, 2023 GBN is in need of an overarching strategy and lacks a clear role in securing the UK's energy independence, warns nuclear boss.
Total Energies to cough up £1.7bn to pay off hiked windfall taxes January 18, 2023 French oil major TotalEnergies has confirmed it will take a £1.7bn hit in the fourth quarter from EU and British windfall taxes.
UK ‘cleantech’ firms set for funding boost amid net zero drive, KPMG predicts January 18, 2023 Venture capital investors are turning their gaze towards the UK’s so-called cleantech sector this year as net zero targets move closer, analysts from KPMG have predicted. Last year, global venture investment slumped by almost a third last year as soaring inflation and sharp rate hikes caused investors to turn off the taps following a funding [...]