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  • Crypto markets unmoved by Super Bowl interest

    February 14, 2022

    The Bitcoin price starts the week above $42k, around the same as this time yesterday and also this time last week.

  • Ukraine: Number 10 warns of ‘grave possibility’ of Russian invasion this week

    February 14, 2022

    Number 10 has warned there is a “grave possibility” of Russia invading Ukraine this week as diplomatic efforts to de-escalate the crisis continue to falter. Boris Johnson’s official spokesman told journalists today that “there remains a window of opportunity to deescalate and pursue a diplomatic path … we stand ready to have further discussions with [...]

  • Unprecedented: UK petrol prices hit staggering 148p per litre for the first time ever

    February 14, 2022

    The average UK petrol price per litre has surpassed 148p for the first time ever, breaking the record price levels for the third time this year.

  • Oil and gas rally as fears of Russia invading Ukraine rise

    February 14, 2022

    Energy commodities have responded resoundingly to reports from Washington that Russia could invade at "any moment".

  • Potential breakthrough as West may concede to Putin: Ukraine to drop NATO to avoid war with Russia, says diplomat in UK

    February 14, 2022

    Ukraine may consider dropping its ambition to join NATO to avoid war with Russia, its country’s ambassador in the UK has suggested. Vadym Prystaiko told BBC Radio 5 that the country would, due to threats and blackmail, consider “serious concessions” including removing the goal of joining the NATO alliance from the Ukrainian constitution. It comes [...]

  • Teenage figure skating star Valieva cleared to compete at Winter Olympics

    February 14, 2022

    Teenage Russian figure skater Kamila Valieva has been cleared to continue competing at the Beijing 2022 Winter Olympics despite a failed drug test. The Court of Arbitration for Sport (Cas) ruled that Valieva’s provisional suspension could be lifted, meaning the 15-year-old is free to go for gold in the women’s individual event tomorrow.  But Valieva [...]

  • Farming boss warns Russia Ukraine tensions threaten UK food supplies

    February 14, 2022

    Farmers have warned the UK’s food supply could be affected by tensions in Russia and Ukraine, with soaring costs hitting firms. Speaking to The Independent, Minette Batters, president of the National Farmers’ Union (NFU), warned that the two countries supply just under one third of global wheat exports. Farmers have faced spiralling costs after a [...]

  • Uncertain week ahead: Nervous markets hold their breath as Ukraine-Russia tensions reach boiling point

    February 14, 2022

    Despite Friday’s weakness European markets still managed to finish the week higher, with the FTSE100 finishing higher for the second week in a row. For US markets it was a week of two halves, with a decent first half undermined by two days of sharp losses, which were prompted by an unexpectedly hot January CPI [...]

  • A Nato divided: UK accused of causing further Nato rift over Ukraine crisis

    February 13, 2022

    Ben Wallace was today accused of stoking further division between Nato allies in its response to the Ukraine -Russia crisis, after invoking appeasement of Nazi Germany. The defence secretary, who today announced he would cut short a family holiday to deal with the crisis, was rebuked by Ukraine’s UK ambassador Vadym Prystaiko for saying there [...]

  • UK has reserve diesel supplies if Russia turns off the tap, government says

    February 13, 2022

    The government has moved to assure people that it has wells of reserve diesel supplies in the event that Russia shuts off its supply to the UK. Russia supplies 18 per cent of the UK’s diesel, despite being less reliant on the country for other forms of gas compared to other European countries. The UK [...]

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