Uniper expects to pay for Russian gas in roubles despite halting flows into Poland and Bulgaria April 27, 2022 Uniper has confirmed it still expects to be able to pay for long-term gas contracts from Russia through the roubles payments process signed into law by Russian President Vladimir Putin last month.
Brits slash spending in another sign of looming economic woe April 27, 2022 The worsening cost of living shock is prompting Brits to cut back on unnecessary purchases in a further sign the UK economy is headed for a period of worse than expected growth, reveals fresh figures published today. Households are shunning luxury items in response to their living standards suffering a heavy blow from the highest [...]
Bar Council experiences ‘technical difficulties’ after facing malicious cyber attack April 27, 2022 The Bar Council’s IT systems have come under attack by hackers, the barristers’ representative body said today. In a statement, the 128-year-old body said it had “suffered a malicious cyber attack,” as it said it had taken swift action to take its IT systems offline “in order to stop the attack and prevent any data [...]
Eversheds Sutherland strikes deal with Russian ‘relationship firm’ – made up of ex-employees April 27, 2022 Law giant Eversheds Sutherland has entered into an “exclusive” relationship with a newly-formed Russian law firm consisting entirely of its former employees just weeks after vowing to cut links with Russia in response to the country’s invasion of Ukraine. The London law firm said all of its Russian lawyers had transferred to its newly launched [...]
Bitcoin’s green shoots trampled by earnings season April 27, 2022 Bitcoin is currently changing hands for about four per cent less than it was at this time 24 hours ago at around $38,500.
Austria to pay for Russian gas in roubles April 27, 2022 Austria has ceded to Russian demands to pay for its gas supplies in roubles, amid escalating tensions between the West and the Kremlin.
£220m of oil money flows from UK to Russia since Putin sent troops and tanks into Ukraine April 27, 2022 Since the Kremlin sent troops and tanks across the border into Ukraine in February, the UK has imported around £220m worth of Russian oil, it has emerged. Figures released on Wednesday show 1.9 million barrels of oil, or 257,000 tonnes, have been imported since Russian President Vladimir Putin launched the latest stage of his eight-year [...]
Gazprom halts gas supplies to Bulgaria and Poland as Russia demands rouble payments April 27, 2022 Kremlin-backed energy giant Gazprom has halted gas supplies to Bulgaria and Poland for failing to pay for gas in roubles.
Power firm Drax has 99 per cent of energy generated from renewables April 27, 2022 Power creating firm Drax had 99 per cent of generation from renewables last year, as the firm looks to help shore up UK energy security. The company announced a series of new plants, including a 360Kt site in Alabama and 40Kt satellite plant in Arkansas, while its biomass, hydro and pumped storage elements in the [...]
Business growth boosts London Stock Exchange Group as it avoids big hit from Russia exposure April 27, 2022 Revenues at LSEG have risen 6.3 per cent over the first three months of the year, powered by business growth and high customer retention.