Even in the middle of the war, we need to plan how to rebuild – and fund – Ukraine February 1, 2023 Western countries must come up with a Marshall Plan 2.0 to rebuild Ukraine when this bloody war ends, writes Paul Ormerod
Germany teetering on edge of recession that risks dragging rest of Europe down with it January 30, 2023 Germany is teetering on the edge of a recession after fresh figures out today revealed its economy unexpectedly contracted in the final months of last year. German output dropped 0.2 per cent over the last quarter, below the flatline consensus forecast by investors. The shock GDP undershoot raises the risk that the wider eurozone economy [...]
Boris Johnson ‘lied’ over Putin missile attack claims, says Kremlin January 30, 2023 The Kremlin has suggested Boris Johnson told “a lie” when the former prime minister said that Russian President Vladimir Putin appeared to threaten him with a missile strike. The former Downing Street incumbent made the claim in a new three-part series for BBC Two looking at how the West grappled with Mr Putin in the [...]
Ignoring nuclear will cost us dearly as the UK scrambles to stave off blackouts January 30, 2023 The need for a proven, continuous, low carbon power source has never been more urgent, and the only viable option for that is nuclear power.
Boris: Putin threatened me with a missile strike – that would ‘only take a minute’ January 30, 2023 Boris Johnson has claimed that Vladimir Putin told him “I don’t want to hurt you, but with a missile, it would only take a minute”, in a call ahead of the Russian invasion of Ukraine. The former prime minister said the “extraordinary” conversation took place in February after he had visited Kyiv in a last-ditch [...]
Putin and cronies must face justice for brutality in Ukraine, says EU January 28, 2023 The European Union wants swift accountability for “horrific” crimes in Ukraine, EU justice ministers said on Friday, even as they differed over the methods in a debate about how to bring prosecutions, seek evidence or fund war damage repairs. The bloc’s 27 justice ministers met in Stockholm ahead of the Feb. 24 anniversary of Russia’s [...]
‘A different stage’: EU says Russia escalating Ukraine war with attacks on civilians to pile pressure on Nato, Germany, US and UK January 27, 2023 A senior EU official said Russia has taken its war against Ukraine to “a different stage” by making indiscriminate attacks on civilians and non-military targets. The official also accused Moscow of triggering recent moves by Germany and the United States to send advanced tanks to Ukraine. Stefano Sannino, secretary general of the European Union’s European [...]
A Russian billionaire, the Dyson family, Gym Shark founder and Sting are among 100 of the richest Brits who paid nearly £5.2bn in tax during 2022 January 27, 2023 A Moscow-born billionaire is the UK’s top tax payer, paying more than £487m in just 12 months, according to the Sunday Times’ annual tax list. Alex Gerko, boosted the Treasury’s coffers by more than £1.3m a day or £55,639 an hour during 2023. Gerko, who became a British citizen and renounced his Russian citizenship late last [...]
London hydrogen fund looks Stateside as UK falls behind on green subsidies January 26, 2023 A London-listed green hydrogen investor will pivot towards opportunities in the US to make the most of new subsidies.
Bank dealmaking slumped to a five year low in 2022 – will it rebound this year? January 26, 2023 Mergers and acquisitions involving Europe’s top lenders slumped to their lowest level in five years last year as aggressive moves by central banks spooked dealmakers, new research has revealed.