Chelsea sale: Todd Boehly consortium won’t revisit Super League if they buy club April 6, 2022 One of the members of the Todd Boehly-led bid to buy Chelsea has pledged that they would not revisit plans for a European Super League. Barbara Charone, a music industry publicist and long-time Blues fan, is in line to offer supporter representation on the board if Boehly’s consortium wins the race to buy the Premier [...]
British exhibitions group Hyve puts Russian businesses up for sale April 6, 2022 British exhibitions group Hyve said this morning that it has proposed to sell its Russian business to Rise Expo for a maximum price of £72m.
Battery giant Gresham House Energy Storage Fund records soaring revenue of 170 per cent April 6, 2022 Battery storage giant Gresham House Energy Storage has recorded soaring revenue of 170 per cent for 2021, with £80.4m of profit. Publishing its third annual set of results since listing on the London Stock Exchange, it announced EBITDA (earnings before interest, taxes, depreciation, and amortiSation) of more than £42m, up 172 per cent. This comes [...]
London’s open economy was exploited by corrupt money, now we must make it our strength April 6, 2022 For centuries, London has been a haven for people fleeing persecution, war, famine, and other catastrophes. From the French Huguenots of the 18th Century to Jewish refugees fleeing the Nazis, we have a strong and proud tradition in this city of welcoming, integrating, and supporting refugees. It is in London’s DNA and an integral part [...]
Ukraine: Johnson urges Russian citizens to ignore Kremlin propaganda on war crimes April 5, 2022 Boris Johnson has made a plea for Russian citizens to not believe Kremlin propaganda about war crimes committed in Ukraine as Volodymyr Zelensky today accused the United Nations (UN) of giving Vladimir Putin the “right to sow death”. In a recorded message released for Russian civilians, the Prime Minister said reports of mass civilian killings by [...]
Grant Thornton set to earn millions from Russian oligarch’s bankruptcy proceedings April 5, 2022 Grant Thornton is set to earn millions through its work on behalf of a consortium of Russian financial institutions, in carrying out bankruptcy proceedings against billionaire banker Anatoly Motylev. The accountancy giant could earn as much as £10m in fees, which will be paid for out of any recovered assets, after the High Court put [...]
Russia’s rouble demands slammed by steel baron Vladimir Lisin April 5, 2022 Russia's plans to demand roubles for exports will undermine the country's position on global markets, argued steel baron Vladimir Lisin.
Government paves way to end fracking moratorium with new survey April 5, 2022 The government has announced a survey into fracking ahead of the unveiling of its long-awaited energy strategy.
European Union proposes total ban on coal from Russia in another £3bn blow to Moscow April 5, 2022 The European Commission has proposed new sanctions against Russia, including an import ban on coal worth 4 billion euros (£3.3 billion) per year. European Commission president Ursula von der Leyen said the EU needed to increase the pressure on Russian President Vladimir Putin after what she described as the “heinous crimes” carried out around Kyiv. [...]
Zinc prices rally amid reduced output and soaring energy prices April 5, 2022 Zinc prices have skyrocketed again amid fears of reduced output in already tight markets, rising to $4,470 per tonne.