‘A day of relief for the world’ as first grain ship leaves Ukraine port after Russia deal signed August 1, 2022 A ship carrying grain has left the Ukrainian port of Odessa under a new deal with Russia, in what officials have called “a day of relief for the world”. The vessel left Ukraine’s Black Sea port en route to Lebanon, in wake of a deal facilitated by Turkey to allow safe passage for ships. This [...]
Number of law firms fined by SRA increases following anti-money laundering compliance crackdown August 1, 2022 The number of fines against law firms, handed out by the UK’s solicitors’ watchdog, has increased six-fold over the past five years following an anti-money laundering compliance crackdown, according to data obtained by City A.M. The Solicitors Regulation Authority (SRA), which regulates more than 11,000 law firms in England and Wales, gave out just six [...]
Saudi Arabia’s attempt at a makeover is a global test to stoke liberalisation August 1, 2022 How would Los Angeles influencers, decked out in their finest, go in the Saudi desert, instead of the usual hotspot of the Coachella Valley? This was one of the questions Edelman looked at when making their pitch to Saudi Arabia that they could help the nation reopen themselves to the world again.
Dirty money being hidden on our shores will be brought into the harsh light of day August 1, 2022 THE world fundamentally changed on 24th February when Russia invaded Ukraine, a sovereign and democratic European country. This barbaric action demanded that the UK government take bold and decisive action, identifying all avenues by which we could choke off those supporting Putin’s campaign of destruction. On top of a comprehensive package of economic sanctions, we launched a [...]
Sky-high inflation slows UK private sector economy to ‘standstill’ August 1, 2022 Consumers reacting to scaling prices by cutting spending is expected to grind the UK economy to a halt, new surveys published today revealed. Private sector firms think they will squeeze out zero growth over the next three months, according to the Confederation of British Industry (CBI), the country’s largest business lobby group. Businesses are beginning [...]
Hinkley Point B set for closure as winter crisis looms July 31, 2022 Hinkley Point B is set to close next week, leaving the UK with only five operating nuclear power stations this winter.
Russia ramps up pressure on Europe as it halts flows into another EU country July 31, 2022 Latvia is the latest European country to be cut off from Gazprom's gas flows, as Russia puts more pressure on Europe this winter.
BP to unveil bumper profits as Brits face record energy bills this winter July 31, 2022 BP will follow in the footsteps of their rivals and unveil record quarterly profits next Tuesday, as Brits face record energy bills this winter.
Octopus Energy calls for £1bn hedging support to finalise Bulb Energy deal July 31, 2022 Bulb's future could finally be settled in the coming weeks, provided the Government coughs up £1bn in taxpayer funds.
US and Japan to split semiconductor research amid national security concerns July 30, 2022 The US and Japan have inked an agreement to set up a shared research centre for next-generation semiconductors, as supply of the in-demand tech becomes increasingly tied to national security. At a meeting in Washington on Friday, Japanese trade and foreign ministers Koichi Hagiuda and Yoshimasa Hayashi, with US secretary of state Antony Blinken and [...]