Biden and Sunak strike deal to double UK gas imports from US December 7, 2022 The US wants to more than double its gas exports to Britain next year, after Rishi Sunak and Joe Biden struck a landmark deal yesterday.
UK gas exports to Europe climb to six year highs ahead of winter December 6, 2022 Exports of natural gas from the UK to Europe have climbed to six-year highs, as the continent scrambles to boost supplies ahead of winter.
Brits had most volatile year for fuel costs as CMA probe ‘rocket and feather’ pricing December 6, 2022 Brits have suffered the most volatile year on record for fuel prices, as the Russian invasion of Ukraine and cost of living crisis continued to pile pressure on drivers the pumps. New analysis published today show fuel prices rose by 50p a litre from January to July, which is the largest leap ever recorded. It [...]
OPEC+’s production cuts reveal unsteady markets, say oil experts December 5, 2022 OPEC+'s decision to maintain its hefty output cuts reflects a lack of stability in global oil markets, argued analysts.
Germany unveils £2.5bn gas deal with Trafigura to ease energy crisis December 5, 2022 Germany has secured a long-term gas deal with commodities specialist Trafigura to shore up its energy supplies over the coming winters.
Oil prices climbing fast as G7 cap of £49 on Russian crude barrel comes into effect December 5, 2022 Oil prices have risen in response to an agreement by the G7 group of nations which came into effect on Monday. Brent crude climbed to more than 86 dollars (£68) in Asia trading as the price of Russian oil was capped at 60 dollars (£49) a barrel. The move is part of increased pressure by [...]
Wealthy Russian businessman held by police officers investigating oligarchs December 3, 2022 A wealthy Russian businessman has been arrested at his multi-million-pound London home by officers investigating potential criminal activity by oligarchs. The 58-year-old man, who has not been named, was held by the National Crime Agency (NCA) on Thursday on suspicion of offences including money laundering, conspiracy to defraud the Home Office and conspiracy to commit [...]
Exclusive: Zooming in on the billions of pounds in criminal cash flowing through the City December 3, 2022 Going back more than a decade, in the summer of 2012, HSBC was fined $1.9bn for inadequate compliance and anti-money laundering control processes. The banking giant was found guilty of providing money laundering services to drug cartels as well as terrorist groups in the Middle East. Ten years on, money laundering is still a serious problem. Less [...]
Where is Gary Gensler in this FTX debacle, and how did SBF and Alameda end up controlling so much money? December 2, 2022 How was it possible that Sam Bankman-Fried and Caroline Ellison ended up controlling such vast sums, and where is Gary Gensler in all this?
This Saturday is a chance to support the small businesses livening up our streets December 2, 2022 As fewer lights twinkle on Britain’s high streets, and individuals tighten their belts anticipating tough times ahead, small businesses are unsurprisingly fearful of what winter will bring. It’s not the backdrop we’d hope for to mark a decade of Small Business Saturday tomorrow, but it underlines the ongoing importance of supporting the UK’s 5.5 million [...]