Britain launches £75m nuclear fuel fund in renewed bid to wean UK off Russian energy January 2, 2023 The UK will continue to wean itself off dependence on Russian energy by ramping up nuclear fuel investment by £75m a year. Minister of State for Energy and Climate Graham Stuart announced the increase as the Kremlin’s war against Kyiv moves into 2023, and Europe looks to further isolate Moscow. The government will back nuclear [...]
BP, Unilever, and HSBC have failed to properly exit Russia after Ukraine war, new report warns January 2, 2023 Three FTSE 100 companies – HSBC Holdings, Unilever, and BP – have been named as members of a “dirty dozen” of high-profile multinationals still heavily involved in Russia. The three UK headquartered companies have failed to properly exit Russia in the wake of Putin’s invasion, according to a new report by the Moral Rating Agency [...]
‘Ramp up’ arms production to defend Ukraine against the Kremlin, Nato chief says January 1, 2023 Western allies need to “ramp up” arms production in the coming months to ensure Ukraine is kept fully supplied in its war against Russia, the secretary-general of Nato has said. Jens Stoltenberg said the conflict is consuming an “enormous amount” of munitions, amid signs that President Vladimir Putin is digging in for the “long haul”. [...]
Putin’s forces shell Ukraine as war continues in 2023 January 1, 2023 Ukrainians have had a grim start to 2023, with yet more sirens and fresh missile attacks on their territory, as the death toll from Russia’s massive New Year’s Eve assault across the country climbed to at least three. Night-time shelling that battered parts of the southern city of Kherson killed one person, wounded another and [...]
2023 sport schedule: What is there to look forward to? January 1, 2023 The year has hardly begun but the sport is coming thick and fast. Rugby, football and cricket all have World Cups while other sports continue to build on the foundations laid after the Covid-19 pandemic. Take a look at the City A.M. sports schedule for 2023. January Darts (3rd): A new Darts World Championships winner [...]
The best restaurant I ate at in 2022: Why Sessions Arts Club is pure dining escapism December 30, 2022 Every now and then, perhaps once or twice a year, a place opens that combines all the right elements in just the right order to create the rare alchemy that we call the “it” restaurant. Gloria did it with its maximalist Italian amore della vita, as did Gymkhana with its studiously crafted modern Indian cuisine [...]
Business energy support set to be halved to reduce taxpayer bill December 30, 2022 Support for businesses to help them cope with swelling energy bills will halve in the spring to avoid taxpayers holding the bag if oil and gas prices surge again, according to The Times. Chancellor Jeremy Hunt next month will announce a 12-month extension to a scheme that caps energy costs for businesses, similar to a [...]
Tony Blair: Vladimir Putin should have got seat at international ‘top table’ December 30, 2022 Tony Blair argued that Vladimir Putin should be given a seat at the international “top table” despite deep misgivings among officials about the new Russian president, according to newly released official files. Papers released to the National Archives in Kew, west London, show Mr Blair, as prime minister, believed the former KGB man was at [...]
In memoriam: The Queen, Pele, Shane Warne, business leaders and celebs who died in 2022 December 30, 2022 The death of Her Majesty the Queen punctuated a year dominated by economic turmoil, the Russian invasion of Ukraine and political upheaval. As 2022 winds down, it’s time to reflect on those who passed on, from the world of politics, sport, entertainment and, business. Queen Elizabeth’s death aged 96 after more than 70 years on [...]
Ukraine hit with massive Russian missile barrage as UK commits to £2.3bn more in funding December 29, 2022 Several regions of Ukraine, including its capital Kyiv, were facing a massive Russian missile attack on Thursday, the latest in a series targeting national infrastructure. Air raid sirens sounded across the country. Mykhailo Podolyak, an adviser to Ukrainian President Volodymyr Zelensky, said Russia launched more than 120 missiles. In Kyiv, air defence systems were activated [...]