Brits paid to use less energy to avoid winter blackouts June 27, 2022 Brits could be paid to use less electricity at peak times this winter, under plans from the National Grid to reduce the risk of blackouts this winter.
Johnson says inflation is a ‘price worth paying’ to defend Ukrainian freedom June 27, 2022 Boris Johnson has today said soaring inflation linked to sanctions on Russia are a “price worth paying” as he compared Vladimir Putin’s regime to the Nazis. The Prime Minister told journalists during today’s G7 summit in Germany that the economic effects of not helping Ukraine would be worse than what the UK is currently facing. [...]
Ukrainian shopping centre with 1,000 people inside hit by Russian missiles June 27, 2022 Russia today launched a missile attack on a Ukrainian shopping centre with at least 1,000 people inside, President Volodymyr Zelensky has confirmed. At least two people have been killed and 20 injured in the strike, which took place in the central Ukrainian city of Kremenchuk. Kyrylo Tymoshenko, a senior aide to Zelensky, said that those [...]
Glastonbury 2022: Protest and celebration as festival roars back June 27, 2022 It’s been an anxious three years for Glastonbury, but this weekend the most important and influential of the UK’s music festivals, and one of the most essential stages in the world, returned for the first time since 2019. Did it rain? Of course it did – but only a little bit. Late afternoon crowds on [...]
G7 pledges to cap Russian oil as West ramps up sanctions on Kremlin June 27, 2022 The Group of Seven is preparing to cap Russian oil as part of a fresh package of sanctions in response to Russia's invasion of Ukraine.
Russia defaults on foreign debt for first time since 1918 Bolshevik revolution June 27, 2022 Russia has defaulted on its foreign debt obligations for the first time since the Bolshevik revolution in 1918. Sanctions launched by an alliance of western nations in response to Russian president Vladimir Putin’s invasion of Ukraine have hobbled the Kremlin’s access to its assets, meaning it has been unable to pay foreign investors. Moscow has [...]
Johnson warns Macron that G7 must not give Putin ‘licence to manipulate’ June 26, 2022 Boris Johnson has cautioned French President Emmanuel Macron at today’s G7 meeting that political leaders must not give Vladimir Putin a “licence to manipulate” the West. The Prime Minister waved away suggestions that the conflict should be resolved now in a veiled swipe at Macron’s recent comments that Putin must not be “humiliated” and should [...]
UK among G7 countries to ban Russian gold imports June 26, 2022 Exported Russian gold will be shut out of the UK, Canada, US and Japan under a batch of fresh sanctions designed to ramp up pressure on Moscow’s war efforts, the government announced today.
Solicitors’ watchdog advances crackdown on ‘lawfare’ with more than 20 SLAPP investigations June 26, 2022 The solicitors’ watchdog has launched more than 20 investigations into UK law firms over their involvement in SLAPP lawsuits, as part of its efforts to crack down on the use of Britain’s libel laws to silence the press and other legitimate criticism. The Solicitor’s Regulation Authority (SRA) now has more than 20 open cases over [...]
Dealmaking drought set to continue amid recession fears June 26, 2022 A dealmaking drought is set to continue this year as firms batten down the hatches for a prolonged period of rampant inflation and stock market turbulence, analysts have warned.