TUI open to new majority shareholder following resignation of sanctioned Russian billionaire January 17, 2023 TUI admitted it was looking for a new majority shareholder, 10 months after EU sanctions forced the resignation of Alexei Mordashov. Vladimir Putin ally and Russian billionaire Alexei Mordashov became a target of Europe’s sanctions against Moscow following Russia’s invasion of Ukraine in March 2022. The sanctions meant TUI was left scrambling for a new [...]
UK to shake off mild recession by end of this year, City analyst predicts January 16, 2023 The UK economy will experience a very mild recession and could be out of it by the end of this year, a top City economist has forecast. International energy prices have marched back down the steep hill they climbed after Russian president Vladimir Putin sent troops into Ukraine in February last year. On some measures, [...]
Stansted’s passenger numbers soar 226 per cent as UK airports continue to rebound January 16, 2023 The number of passengers travelling via Stansted soared 226 per cent in 2022, the airport reported today, in yet another encouraging sign that Britain’s airports are gradually recovering from the Covid-19 pandemic. The Essex hub reported that 23.3 million passengers have passed through its gates over the past 12 months. The numbers for December (1.8 [...]
Here’s how Chelsea’s £89m deal for Mykhailo Mudryk has inadvertently funded Ukraine’s war effort January 16, 2023 Less than a year after Chelsea’s owner Roman Abramovich was sanctioned and forced to sell the club over his links to a Russian regime that had invaded Ukraine, the resistance is set for a £20m windfall as a result of the Blues’ latest signing, Mykhailo Mudryk. Mudryk’s former team Shakhtar Donetsk announced on Monday that [...]
Davos: Energy prices will remain above pre-Covid levels but they will be less volatile says Equinor boss January 16, 2023 The boss of one of one of the world’s largest energy companies has warned that high energy prices are here to stay. Anders Opedal, CEO of Equinor – which is bigger than BP, made his comments ahead of the Davos World Economic Forum conference in Switzerland. Opedal, who was speaking on BBC Radio 4’s Today [...]
Ukraine is a real life learning curve of the price of modern war and defence January 16, 2023 The war in Ukraine is a distinctive representation of conflict in today's world. We have to look closely at our role in supporting Kyiv to understand the price and lessons of modern war, writes Eliot Wilson
Heathrow uranium incident: Police arrest man under terror laws after traces found in cargo January 15, 2023 A man has been arrested under terrorism laws after traces of uranium were found in a cargo package at Heathrow Airport, police said. Border Force officers found the radioactive material with a shipment of scrap metal on December 29 which, according to the Sun newspaper, had originated in Pakistan and was bound for Iranians in [...]
A present for Putin: Sunak reportedly agrees to deliver squadron of tanks to Ukraine January 14, 2023 Prime Minister Rishi Sunak has reportedly agreed to deliver a squadron of tanks to Ukraine to aid the country’s efforts in re-taking territory lost to Russian forces. Four British Army Challenger 2 main battle tanks will reportedly be sent to eastern Europe immediately, with eight more to follow shortly afterwards. According to The Sun, a [...]
Russians relaunch attacks on Kyiv as Putin doubles down on Ukraine war tactics January 14, 2023 Russian missile attacks hit critical infrastructure in Kyiv and the eastern city of Kharkiv on Saturday morning, officials said, and the governor of another region warned that a massive missile strike could follow in the coming hours. Reuters journalists heard a series of blasts in Kyiv before the air raid siren even sounded, which is [...]
Putin shuffles Kremlin pack as Moscow infighting rages and mercenary Wagner group claims a victory January 13, 2023 As Russian troops wage a ferocious house-to-house fight for control of strongholds in eastern Ukraine, a parallel battle is unfolding in the top echelons of military power in Moscow, with President Vladimir Putin reshuffling his top generals while rival camps try to win his favour. The fighting for the salt mining town of Soledar and the nearby [...]