Europe braces for winter of discontent as Germany moves one step closer to energy rationing June 23, 2022 Fears of supply shortages across Europe have escalated as Germany moved one step closer to energy rationing amid escalating tensions with the Kremlin.
Nike confirms complete exit from Russia June 23, 2022 Sports brand giant Nike has formally exited Russia due to the ongoing war in Ukraine, three months after suspending operations. The US company, famous for its tick logo, said the delay in quitting completely was because it was “responsibly” scaling down its operations, in order to protect employees. This comes after Nike, which sponsors athletes [...]
Oil prices slump as recession fears rise June 23, 2022 Oil prices continued to decline this morning across both major benchmarks, weighed down by the growing risk of a recession.
IEA urges Europe to secure supplies amid warnings Russia could cut off gas flows June 22, 2022 The head of the International Energy Agency Fatih Birol has urged Europe to secure its own energy supplies this winter.
Duke of York no more: New law proposes Prince Andrew and other ‘dubious’ peers to be stripped of their titles June 22, 2022 Under a new law tabled in Parliament, the Duke of York and peers could be stripped of their titles. There is currently no mechanism for such a title to be removed, but calls have been growing for action against Andrew since he paid millions to settle a US civil sexual assault case with his accuser [...]
Chelsea owner Todd Boehly named chairman as Marina Granovskaia exit confirmed June 22, 2022 Chelsea have confirmed that co-owner Todd Boehly will be the football club’s new chairman and that influential director Marina Granovskaia is to leave Stamford Bridge. American Boehly led the consortium that bought the club from Roman Abramovich last month after the Russian oligarch’s assets were frozen by the UK government. He is to be joined [...]
Parliamentary body hammers Ofgem for £2.7bn clean-up bill to fix crisis-hit energy sector June 22, 2022 British households face an eye-watering £2.7bn clean-up bill following market carnage across the energy sector warned regulator Ofgem.
Household energy bills to hit £3,000 per year in the depths of winter June 21, 2022 Energy bills will spike to over £3,000 per year next January, putting more pressure on cash-squeezed Brits in the coldest month of the year.
DS Smith wraps up year with robust revenues as price recovery offsets economic pressures June 21, 2022 Packaging specialist DS Smith has navigated difficult economic conditions with rising revenues and a boost in profits.
A twin-city break in charming Andalucia is now easier than ever June 20, 2022 “There should be more therapy involving fish,” says Carmen, my guide at the Riofrío caviar farm in the sleepy village of the same name, halfway between Granada and Malaga. Carmen’s crouching down and gazing into one of a dozen ten-metre-long pools of water. Behind her the backdrop of the angular Loja Mountains is framed by [...]