Government considers extending life of EDF coal power plant March 14, 2022 The government is weighing up suspending the closure of a coal power plan overseen by EDF in West Burton.
Ukrainians will need to know prospective UK sponsor to get refugee visa, says Gove March 14, 2022 Ukrainians trying to come to the UK, without family already here, will need to have a “connection” with their prospective sponsor to get a refugee visa, housing secretary Michael Gove has said. Gove said Ukrainian refugees will need to organise a sponsor themselves before they get here, but that he wants to “rapidly expand the [...]
Israel will not be a ‘route to bypass sanctions imposed on Russia’ March 14, 2022 Israel’s foreign minister has insisted the country will not be a “route to bypass sanctions imposed on Russia”. Centrist politician Yair Lapid made his comments in Bratislava with his Slovakian counterpart, amid growing concerns that some Russian-Jewish oligarchs could use Israel to get around harsh sanctions. This come after the UK, US and European Union [...]
UK firms to launch price hike spree as Bank of England prepares to lift rates again March 14, 2022 A record proportion of UK firms are preparing to hike prices in a further sign of the scale of inflationary pressures sweeping throughout the economy, reveals a closely watched survey released today. The fresh figures provide further incentives for the Bank of England to hike interest rates for the third meeting in a row when [...]
Foreign home ownership in London swells by £6bn but oligarch exodus to slow cash influx from abroad March 14, 2022 Internationally-registered homes in London increased by £6bn last year, but the impact of Russian sanctions is expected to slow the rate of growth in the market. Despite the pandemic, there was a four per cent increase in the number of houses registered to buyers overseas, up to 84, 451, according to new numbers released by [...]
Oil prices plummet as investors pin hopes on Russia-Ukraine talks March 14, 2022 Oil prices nosedived on both major benchmarks today following renewed peace talks between Ukraine and Russia.
US Federal Reserve to hike rates for first time in over three years March 14, 2022 The US Federal Reserve will hike interest rates for the first time in over three years on Wednesday as the central bank takes the first step in shifting policy from supporting the American economy through the pandemic to taming runaway inflation. Fed Chair Jerome Powell and the rest of the Federal Open Market Committee (FOMC) [...]
Chinese cities on lockdown as Covid-19 cases spiral and local stocks tumble March 14, 2022 As China battles its largest surge in Covid-19 cases since the beginning of the pandemic, Beijing has shuttered several cities including technology hub Shenzhen. It comes as Covid-19 cases in the country, which has adopted a controversial ‘Zero-Covid’ stance, tripled in just one day. With fresh restrictions also being blanketed across Shanghai, China’s CSI 300 [...]
Angry activists storm villa of Putin’s youngest daughter, plant Ukrainian flag and plan to house refugees March 14, 2022 French activists in the city of Biarritz, in the south of the country, have taken over the luxury villa of the daughter of Russia’s president Vladimir Putin, Catherine Tikhonova. The mansion, locally known as the Alta Mira villa, was seized by local activists on Sunday evening and will be made available for a number of [...]
Isolated Kremlin in overdrive as Russia pounds Kyiv while Putin arrests own security chiefs and begs China for new weapons March 14, 2022 Russia’s military forces have kept up their punishing campaign to capture Ukraine’s capital with fighting and artillery fire in Kyiv’s suburbs. It comes after an air strike on a military base near the Polish border brought the war close to Nato’s doorstep overnight. It raised the possibility that the alliance could be drawn into the [...]