Boris Johnson to ask Brits to open their homes to some of the 2.2m Ukrainians fleeing Russian invasion March 11, 2022 The British public will be asked by the government to open their homes to Ukrainians fleeing the fighting in their country amid continuing criticism of its response to the refugee crisis. Levelling Up Secretary Michael Gove will set out on Monday details of a new “sponsored” humanitarian route to allow Ukrainians without family links to [...]
We need to hold our nerve on green levies as the energy crisis starts to bite March 11, 2022 Disruption in the energy markets is set to drive up bills for every family and business in Britain. With gas prices in the UK recently reaching an all-time high, the consumer impact will be profound. Millions of households are expected to see annual energy bills of £3,000, and many face fuel poverty in an escalating [...]
Three Mobile suspends £40m Chelsea sponsorship amid Abramovich sanction March 10, 2022 Mobile giant Three has said it is reviewing its £40m sponsorship of Chelsea following the UK's sanction of owner Roman Abramovich.
Lib Dems call for £18bn cut to VAT to ease cost of living crunch March 10, 2022 The Liberal Democrats are calling for an £18bn VAT cut that would see the rate slashed from 20 to 17.5 per cent in a bid to ease the cost of living crunch on British households. The Lib Dems say the new policy proposal, released on the eve of the party’s spring conference, would save households [...]
Fit and proper? Time for a regulator to fix football’s broken market March 10, 2022 The word unprecedented is thrown around a lot, and often, it’s overdone. But it has to be said that a major Premier League club being pseudo-nationalised due to its Russian owner’s links with a warmongering dictator in eastern Europe is not something we remember happening all that often. In the immediate term, it is not [...]
Oil prices to remain high despite ‘unprecedented’ volatility March 10, 2022 Oil prices have gone on a wild journey this week - with prices fluctuating amid escalating conflict in Ukraine.
Twitter removes Russian embassy’s post calling Ukraine’s maternity bombing staged March 10, 2022 Tweets from the Russian embassy in London have been removed by the social media giant after it suggested that images from Ukraine's Mariupol maternity hospital bombing yesterday were staged.
Russian oligarchs look towards Dubai and Israel in efforts to avoid sanctions March 10, 2022 Legal experts have said Russian oligarchs, looking for new jurisdictions to store their wealth, may be turning towards Dubai and Israel due to a lack of other options, as they seek to avoid sanctions and exit Russia’s crumbling economy. Speaking to City A.M. David Savage, head of financial crime at London law firm Stewarts, said [...]
Clifford Chance to wind down Moscow offices amid scrutiny over law firm’s links to oligarchs March 10, 2022 Magic Circle law firm Clifford Chance has set out plans to close its Moscow offices, as City of London law firms face mounting pressure to sever all ties to Russia. Clifford Chance’s decision to “wind down” its Moscow offices comes just an hour after Magic Circle law firm Allen & Overy said it would be [...]
Magic Circle law firm Allen & Overy set to wind down Moscow offices March 10, 2022 Magic Circle law firm Allen & Overy has joined its Magic Circle rivals in vowing to wind down its Moscow office, as law firms from across Europe and the US pile out of Russia. Allen & Overy’s decision to wind down its Russian operations comes after the firm first opened its Moscow office in 1993. [...]