Government finalises extension to coal power plant as winter crisis looms June 14, 2022 The Government has secured an extension to operators at one of the UK's three remaining coal plants into next winter.
CF Fertilisers’ ‘monopoly producer’ status questioned by UK farming body June 14, 2022 One of the UK's leading farming bodies has questioned the dominant status of CF Fertilisers in the agricultural market, following company's closure of its manufacturing plant in Ince, Cheshire.
Theo Paphitis: Dragons’ Den star says the high street is going nowhere and neither is he June 14, 2022 Theo Paphitis is not in any hurry to hang up his boots. After decades running the show at companies from lingerie to stationery firms, one might be mistaken for thinking the Dragons’ Den star, retail titan and former Millwall chairman may be mulling a change of pace. However, Paphitis tells City A.M. he has “a [...]
Gas prices soar as flows dip from key markets June 14, 2022 European gas prices have spiked again this morning amid both lower flows from Norway and Russia, and weak wind output.
Zelensky makes last ditch appeal to Germany for support as Russia encircles city of Sievierodonetsk June 14, 2022 Ukraine’s president Zelensky has appealed to Germany to give full support to Kyiv as Russia cuts off all routes to the eastern city of Sievierodonetsk. Kyiv’s leader appealed to Germany’s Chancellor Scholz to decide that “there can’t be a trade-off between Ukraine and relations with Russia.” This comes as the Kremlin’s troops destroyed the last [...]
Tech giants concede to EU anti-disinformation code as bloc continues crack down June 13, 2022 Tech firms are gearing up to sign the European Union's fresh anti-disinformation code, having made concessions on the types of data they are willing to share with countries.
Watchdog confirms review of petrol market as record prices put pressure on drivers June 13, 2022 The UK's competition watchdog has announced it will undertake a review into petrol station pricing, after a week of pain at the pumps.
Wikipedia pushes back against Moscow content bans about Ukraine invasion June 13, 2022 The Wikipedia owner has filed an appeal against a Moscow court decision, which demanded that it remove information relating to the Russian invasion of Ukraine. It comes after The Wikimedia Foundation was fined 5 million roubles (£71,000) for refusing to remove “disinformation” from Russian-language Wikipedia articles and delete banned information. “This decision implies that well-sourced, verified knowledge on [...]
Inflation and recession concoction sends global markets into the mire June 13, 2022 Mounting fears over the worst inflation crunch in recent history plunging the global economy into reverse sent the world’s biggest stock markets spiralling today. London’s FTSE 100 index slid 1.53 per cent, while the mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, shed 2.61 per cent. Investors have [...]
Europe funds Russian war efforts as biggest buyer of Kremlin-backed fossil fuels June 13, 2022 Fossil fuels are filling the Kremlin's war chest and despite its sanctions, the EU remains its biggest buyer of energy supplies.