Over 30 UK homes tied to sanctioned oligarchs remain unfrozen assets October 3, 2022 Around £700m worth of luxury homes previously linked to sanctioned oligarchs have not been flagged for asset freezes, according to new research by campaign group Transparency International UK. Some 33 homes, flats and office blocks across London and Surrey – including mega-mansion Witanhurst – have not been restricted on the UK property register, the group [...]
UK blocks Russia from buying professional services following annexation of Ukrainian regions October 3, 2022 The UK has placed new sanctions on Russia, blocking its citizens and businesses from purchasing an array of services from British firms, over the Kremlin’s decision to annex four regions of Ukraine. The new sanctions seek to further damage Russia’s economy by hindering the country’s access to IT consultancy, architectural, engineering, accounting, and commercial legal [...]
Europe risks supply crunch this winter if Russia cuts off gas, warns IEA October 3, 2022 Europe will be on the verge of a supply crunch this winter if Russia turns off the taps into the continent, warned the IEA.
UK at risk of gas supply shortages this year, warns Ofgem October 3, 2022 The UK is at risk of gas shortages this winter following Russia's invasion of Ukraine and continued disruption to energy supplies, warned Ofgem.
Exclusive: Ukraine urges West to slash Russian war revenues October 3, 2022 The West needs to slash Russia's revenues from soaring oil and gas prices, argued Naftogaz, Ukraine's state energy provider.
Ukraine’s forces push Russia out of key stronghold October 1, 2022 Russian forces have withdrawn from Lyman, with Ukrainian forces threatening to encircle the Donetsk town.
EU brings in windfall tax but bloc divided over gas price caps October 1, 2022 The EU has confirmed it will impose a windfall tax on energy firms' profits, as the bloc grapples with a cost of living crisis crunch this winter.
Exclusive: UK still at risk of blackouts, warns energy forecaster October 1, 2022 The UK could still face blackouts this winter, despite easing gas prices and Europe's topping up of energy storage.
Putin declares four regions of Ukraine part of Russia as nuclear warnings rumble September 30, 2022 Russian President Vladimir Putin has declared four Ukrainian regions part of Russia, amid renewed warnings the Kremlin may use a strategic nuclear weapon. In a ceremony at the Kremlin, the authoritarian leader announced that Donetsk, Luhansk, Kherson and Zaporizhzhia would be subsumed by Russia, following four ‘referendums’, which were widely declared as illegal and a [...]
As Vladimir Putin raises the stakes, he reveals a losing hand in Russia’s war on Ukraine September 30, 2022 From the start Putin has been playing a high stakes game of poker with a losing hand.