Lord Barker under pressure to cut ties with EN+ Group despite restructuring plans March 6, 2022 Lord Barker is facing increasing pressure from politicians to cut links with En+ Group following Russia's invasion of Ukraine
BNP Paribas warns employees against Ukraine comments on social media March 6, 2022 Employees at BNP Paribas have been warned against commenting on the Ukraine crisis, as Western nations continue to ramp up sanctions on Russia. According to reports from the Sunday Telegraph, bankers have been told to caveat social media posts, with the firm suggesting that they need to flag the fact that their words represent their [...]
Europe will struggle to cut Russia out of energy plans warn experts March 6, 2022 Europe will find it hard to reduce its reliance on Russian gas, and the continent remains vulnerable to skyrocketing prices, warns experts.
Sadiq Khan: Sell Russian oligarchs’ property and luxury goods to fund Ukraine aid March 6, 2022 The Mayor of London has urged ministers to immediately seize the assets of Russian oligarchs and sell them to fund support to Ukraine. Sadiq Khan has said property and possessions belonging to Putin allies should be seized before these Russians can have a ‘fire sale’ to dodge sanctions. The Mayor has called for possessions such [...]
Week ahead: Fears over Russia-Ukraine escalation to loom over City March 6, 2022 An intensification in the Russia-Ukraine war will drive investors’ moves this week in the City. The capital’s premier FTSE 100 index had a torrid time last week, losing nearly seven per cent of its value, its worst week since March 2020 when the UK was plunged into lockdown. Traders were spooked by the potential economic [...]
Ukraine: Raab plays down threats of Putin using nuclear weapons March 6, 2022 Dominic Raab has played down the chances of Vladimir Putin using nuclear weapons as a result of the invasion of Ukraine, with the Russian President’s threats labelled as “rhetoric and brinkmanship”. The deputy Prime Minister said Putin has a “track record of misinformation and propaganda” in the wake of the Kremlin’s decision last week to [...]
Protestors flock to Trafalgar Square in support of Ukrainians March 5, 2022 Demonstrators have gathered in their hundreds in London’s Trafalgar Square today, to show solidarity with Ukrainians and protest against Russian president Vladimir Putin’s regime. The #StandWithUkraine protest comes amid a failed ceasefire, in which Russia and Ukraine agreed to halt artillery fire to allow for safe civilian passage in two areas of Ukraine, which failed [...]
Business of Space: What’s the deal with space traffic? March 5, 2022 This week Starlink makes a stance UK’s SaxaVord enters French market What’s the deal with space traffic? SpaceX SpaceX boss Elon Musk said today that its Starlink, a satellite broadband service, has been urged to block Russian news sources by some governments, but not Ukraine. Tweeting on Saturday, the billionaire entrepreneur said: “We will not [...]
Reports: ‘Ceasefire’ fails as Russia continues to shell civilian exit route March 5, 2022 The ‘ceasefire’ between Russia and Ukraine to allow for civilians to escape has failed, according to reports, due to Russian forces continuing to shell the area. Russia called for the ceasefire in two areas of Ukraine, amid its invasion, to allow for humanitarian corridors, according to Russia’s Interfax Agency (RIA). The corridors were to allow [...]
UK Foreign Office advises Brits to leave Russia March 5, 2022 The UK Foreign Office has advised all British nationals in Russia to consider leaving the country, if their presence there is not essential. In advice updated today, the Foreign Office said people should exit the country by the remaining commercial routes. It comes amid reports that martial law is soon to be imposed in Russia, [...]