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  • Cleverly ‘not rushing to judgement’ on Poland missile strike

    November 16, 2022

    The UK’s foreign secretary is “not rushing to judgement” on the cause of the missile that killed two people in Poland last night, after Nato’s chief said it was likely an accidental Ukrainian strike. James Cleverly told MPs today that the UK will help Polish authorities “lead the investigation to establish exactly what happened”. Nato [...]

  • Russian missiles kill two people in Poland – reports

    November 15, 2022

    Russian missiles are feared to have crossed into NATO member Poland, killing two people on Tuesday night, after reports from a senior US intelligence official. Missiles reportedly hit a farm in Przewodów, Lublin, a village near the border with Ukraine, according to Polish media. It was also reported that the missile was “most likely the [...]

  • Europe set for diesel supply scramble as high prices expose tight markets

    November 15, 2022

    Europe could be scrambling for diesel supplies over the winter, the International Energy Agency, amid ultra-high prices.

  • FTX collapse may be ‘best thing ever to happen to crypto’, argues Scotcoin chief

    November 14, 2022

    As the crypto space is rocked by the aftermath of last week’s FTX collapse, exchanges are rushing to calm investors’ fears. FTX and Alameda have now filed for chapter 11 in the United States – and about time, according to Temple Melville, the CEO of the Scotcoin Project Community Interest Company. He told City A.M. [...]

  • Airbus chief: A China-West economic divorce remains unlikely

    November 14, 2022

    The economic relationship between China and the West will never be truly over, Airbus’s chief executive Guillaume Faury has said. According to the chief executive, despite current economic and political tensions, the two blocks are too intertwined to sever all ties, as this would lead to a global economic collapse.  “I think a breakup of [...]

  • Sunak must choose between protectionism or global strength to remake Britain

    November 11, 2022

    Sunak must reunite both party and country, which is in need of strong direction and thoughtful leadership.

  • Frozen Russian assets should act as ‘wake up call’ for UK government, campaigners say

    November 10, 2022

    The billions in Russian assets frozen by UK authorities since the start of the war in Ukraine should act as a “wake up call” to the British government, to ensure it never allows a “kleptocratic regime” access to the country’s economy again, campaigners have said.    The record £18.39bn in assets frozen by the UK’s [...]

  • Former Chelsea owner Roman Abramovich to receive apology from Jersey Police over ‘illegal’ searches

    November 10, 2022

    Roman Abramovich will receive an apology over illegal searches conducted by a Jersey police force, it has been revealed. A court order seen by City A.M. said the force on the Channel Island of Jersey acted illegally when conducting searches at properties reportedly connected to the billionaire in April 2022. The Russian-born Israeli oligarch was [...]

  • National Grid urges ‘transparency’ as it commits £40bn to UK’s energy system

    November 10, 2022

    National Grid has called for stability in the UK’s investment climate, so it can ramp up infrastructure and help the country transition to a greener future.

  • Russia retreats from Kherson in major setback for Putin

    November 9, 2022

    Russia has ordered its troops to retreat from the Ukrainian port city of Kherson in a major setback for Vladimir Putin’s war effort. Russian general Sergei Surovikin today said it was no longer possible to supply the city and the western bank of the River Dnipro. Kherson, which had a pre-war population of 280,000, was [...]

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