2022: The year the UK economy soured December 23, 2022 Let’s not forget that inflation was already a problem heading into 2022. The final inflation reading of 2021 was for November and came in at 5.1 per cent, nearly three times higher than the Bank of England’s two per cent target and the highest level since September 2011, according to the Office for National Statistics [...]
UK condemns North Korea for supplying arms to Russian Wagner Group mercenaries December 23, 2022 The UK has condemned North Korea for completing an arms delivery to Russia’s mercenaries in the notorious Wagner Group. Foreign Secretary James Cleverly made his comments on Thursday after the US released information claiming Pyongyang had completed an arms delivery, which is in breach of UN Security Council resolutions. Cleverly said: “The UK supports the [...]
Watch Zelensky channel Churchill in rousing speech to Congress: ‘Ukraine will never surrender’ December 22, 2022 Ukraine’s president channeled the words of Sir Winston Churchill in a rousing speech to US Congress, saying his country ” will never surrender” against Russia. In an address to US lawmakers he wished them a “happy, victorious new year” while repeatedly asking America for more funding and weapons. Appearing in his now trademark military sweater, [...]
Antyukh the fifth Russian track and field athlete to have 2012 gold stripped December 21, 2022 Russian athlete Natalya Antyukh has been stripped of the gold medal she won at the London 2012 Olympic Games due to historical sampling data which came out of a Moscow testing facility. The 400m hurdler – who is now 41 – is already distanced from track and field due to a four-year ban which she [...]
European Commission clears Germany’s Uniper bailout December 21, 2022 The European Commission said on Tuesday it had approved Germany's €34.5bn plan to recapitalise German natural gas trader Uniper.
Ukraine’s president Zelensky heads to US in first trip since Kremlin’s invasion December 21, 2022 Ukraine’s president Vlodymyr Zelensky is heading to the US for his first foreign trip since Russia invaded. The leader will address the US Congress and meet his counterpart, President Joe Biden. He announced the move on Twitter after days of speculation about whether he would travel. On social media he wrote: “On my way to [...]
Russia attacks Ukraine’s oil and gas sites, confirms operator Naftogaz December 20, 2022 Russia attacked Ukrainian oil and gas facilities in eastern Ukraine overnight, confirmed Ukrainian energy giant Naftogaz.
At last: EU ministers finally agree Russian gas price cap December 19, 2022 EU energy ministers have finally agreed a gas price cap, after months of talks within the bloc as it seeks to slash Russian war revenues.
Truphone sale jeopardised, founder puts in last-minute bid to buy back company December 19, 2022 A last minute bid from Alexander Straub, has jeopardized the sale of Truphone. Straub is one of the founders of Truphone. The company is a GSMA accredited global mobile network headquartered in London that operates its service internationally. It has an annual revenue of £45.62 m. Shares in the company were put up for a [...]
Despite Britain’s Brexit borders, immigration at record 1m a year to become ‘new normal’ in UK December 19, 2022 Britain must prepare for a new era of high immigration caused by UK domestic need and changes in global economics and politics, a new think-tank paper said today. The post-pandemic immigration rate of 1.1m arrivals a year could be the start of a trend towards historically high migration levels in the coming decades, according to [...]