Ukraine war: Russia kills 22 in missile strikes on rail station August 25, 2022 At least 22 people are said to have been killed during two missile strikes on a Ukrainian rail station, as Kyiv marked its 31st annual day of independence from Moscow. The attack on Chaplyne, 90 miles west of Russian-occupied Donetsk, was announced by President Volodymyr Zelenskiy during a video address to the United Nations yesterday. [...]
Offshore energy sector calls on Westminster to back oil and gas production August 24, 2022 Industry body Offshore Energies UK has challenged Westminster to back domestic energy production in the North Sea.
Britain cuts off all Russian fuel imports for first time on record August 24, 2022 Britain has bought no fuel from Russia for the first time since records began, driven by the country shunning energy from President Putin in response to the invasion of Ukraine, official figures published today show. Fuel imports from Russia plummeted to zero in June, the first time Britain has ever recorded a complete weaning off [...]
Japan considers nuclear U-turn as winter crisis looms August 24, 2022 Japan will restart more dormant nuclear plants and consider building next-generation reactors, revealed Prime Minister Fumio Kishida.
Which UK shares should you keep an eye on in September 2022 August 24, 2022 As Citi predicts UK inflation will strike a forbidding 18.6% in early 2023, investors are rushing to rebalance their portfolios away from unsustainable growth towards the best UK shares, including FRP Advisory Group, QinetiQ, and Phoenix Group. UK shares to buy With interest rates rising with the risk of corporate defaults, the twin signposts of liquidity and [...]
Candy floss and burnt out tanks: Ukraine marks independence day and six month anniversary of Russia’s invasion August 24, 2022 Ukraine celebrated its 31st independence day and six months since the country was invaded by Russia, by displaying charred Kremlin tanks on the streets of Kyiv. Residents of the capital were pictured eating candy floss and celebrating the national holiday, three decades on after freeing itself from Moscow, as the remains of the Kremlin’s military vehicles [...]
Six months on, we must continue to stand with Ukraine August 24, 2022 It has been six months since Russia renewed its offensive against Ukraine. During that time, governments and strategists have been forced to let go of their prevailing post-Cold War assumptions about international relations – even in Europe, where peace was thought to be most embedded. Geopolitical competition has returned with a vengeance. Unfortunately for Russia, [...]
UK and Ukraine launch talks on digital trade agreement August 24, 2022 The UK and Ukraine have agreed to launch talks on a new digital trade agreement as Kyiv prepares to celebrate independence day. UK trade secretary Anne-Marie Trevelyan met with Ukraine’s economy minister Yuliia Svyrydenko yesterday to confirm the talks, which are centred around supporting “Ukrainian businesses by cutting red tape and helping them to trade [...]
Iceland boss: Absence of government support on energy bills risks job losses and bankruptcy for firms August 23, 2022 Iceland boss Richard Walker has called on ministers to issue more support for businesses struggling with sky-high energy bills. Without a price cap on businesses’ energy bills, smaller firms would surely collapse, the supermarket’s managing director told CityA.M. An absence of further support for businesses was “really serious,” as the colder months approach, Walker said. [...]
Truss attacked over emergency Budget as she steps up Number 10 preparations August 23, 2022 A close ally of Rishi Sunak attacked Liz Truss today over her plans to hold an emergency Budget in September as the foreign secretary steps up her preparations for entering Number 10. Mel Stride, one of Sunak’s campaign whips, wrote to the Treasury in his role as chair of Westminster’s Treasury Select Committee to say [...]