Gas prices spike after explosion at US LNG plant leaves Europe scrambling for supplies June 9, 2022 Freeport LNG, which operates the largest US export plants producing LNG, will cease trading for three weeks, raising fears of supply shortages.
London becomes fourth most expensive city in the world: Rent, petrol and cooking oil drive cost of living June 9, 2022 A perfect storm of rising inflation, the war in Ukraine and soaring house prices and rent, have turned London in to a pressure cooker of expense, making it the fourth most costly place to live in the world. London move up one place according to new research about cost of living for expatriates around the [...]
British American Tobacco narrows losses for cigarette alternatives as it invests £1bn in vapes and reduced risk products June 9, 2022 Vogue cigarette maker British American Tobacco reported slow revenue growth this morning, up two per cent.
Ed Warner: Team sportspeople like Gareth Bale are held to double standards over loyalty June 9, 2022 Commentary stat of last weekend for me was that Gareth Bale has spent more time on a football pitch for Wales this season than for Real Madrid. Having run down his lucrative contract with the Spanish club, Bale is now a free agent – the footballing equivalent of the golfers signing up for this week’s [...]
The UK must lead a united front ready to tame the alarming global food crisis June 9, 2022 On Monday, the Russian ambassador walked out of a UN meeting after Charles Michel, the European Council president, accused Moscow of using food supplies as “a stealth missile against developing countries”. Michel was referring to the situation in Ukraine’s port of Odessa, where tons of wheat have been left to rot in containers because of [...]
Moscow will cover Russian oil tankers hit by UK and EU insurance ban, Putin ally says June 8, 2022 Vladimir Putin’s right-hand man has said Moscow will cover Russian oil tankers to ensure they are able to continue making deliveries, if they are unable to get insurance due to Western sanctions. Speaking via messenger platform Telegram, former Russian president and key Putin ally Dmitry Medvedev said the Kremlin will cover uninsured ships, through assurances [...]
Europe at risk of energy rationing this winter, warns IEA June 8, 2022 Europe is at risk of energy shortages and rationing this winter after Russia's invasion of Ukraine, warned the head of the IEA.
US successful seizure of Russian oligarch’s £259m superyacht in deemed-safe Fiji sends shockwaves through Moscow June 8, 2022 Russian oligarchs in Moscow and around the world woke up to the shock news this morning that American authorities won a legal battle late last night to seize a Russian-owned superyacht in Fiji and they wasted no time in taking command of the £259m vessel. The court ruling represented a significant victory for the US [...]
Black Wednesday: Russian Army close to capturing entire Donbas region while Kremlin sends hundreds of bodies to Kyiv June 8, 2022 The Kremlin claims this morning the Russian Army has taken control of 97 per cent of one of the two provinces that make up the Donbas region, as it is drawing closer to its goal of fully capturing Ukraine’s eastern industrial heartland. It also appears that Russia now occupies roughly half of Donetsk province, according [...]
British Gas boss slams rivals for not supporting plans to ringfence credit balances June 7, 2022 British Gas hits out at rival firms not backing its plans to ringfence the credit balances of customers, as part of plans to toughen up the energy sector.