Gas prices soar amid raised fears of supply shortages as Ukraine suffers cyber-attacks February 23, 2022 Gas prices have shot up 12 per cent on both major benchmarks, raising fears of further energy supply shortages and disruption.
MPs call for media watchdog to investigate Kremlin-controlled Russia Today TV February 23, 2022 Foreign Secretary Liz Truss said she thought the media regulator Ofcom would be looking at Russia's state-backed news channel Russia Today, which is broadcast in the UK.
Oil prices steady as supply fears ease February 23, 2022 Oil prices have stabilised after hitting seven year highs, with the West so far avoiding measures that could hit Russian oil and gas.
Johnson says UK preparing to ban Russia from issuing state bonds in London February 23, 2022 Boris Johnson has said he is preparing to ban Moscow from issuing sovereign bonds in the UK and bar Russian companies from raising money in the City of London if Vladimir Putin makes further military incursions in Ukraine. The Prime Minister today waved away calls that the UK’s set of sanctions yesterday in response to [...]
Analysis: Scholz’s orange light for Nord Stream 2 February 23, 2022 German Chancellor Olaf Scholz’s decision to suspend the approval process for Nord Stream 2 following Russia’s decision to instigate conflict in Ukraine was both an emphatic display of solidarity with the West, and also a canny political move, reflecting the savviness of Angela Merkel’s successor. The choice allowed him to present a united front with [...]
Foreign Secretary Liz Truss insists UK is ‘inflicting pain’ on Vladimir Putin and his friends February 23, 2022 Foreign Secretary Liz Truss has defended the UK’s “very serious package” of sanctions against Russia, arguing it will be effective in “inflicting pain” on Vladimir Putin. She also said the Government will ramp up punitive measures in the event of a “full-scale invasion” by Moscow. On the current set of sanctions, Ms Truss told Sky [...]
Ukraine is the victim of Europe’s refusal to wean itself off of Russian gas February 23, 2022 Either you master history or history masters you. Decades worth of political risk analysis can almost always be boiled down to this aphorism. In the case of Europe’s dealings with Valdimir Putin, rather than mastering history, Europe has vainly tried to take a holiday from it; we’re now watching the doleful results. First, let’s dispense [...]
Ukraine: Biden bans Russian state bonds from US markets in fresh sanctions February 22, 2022 Joe Biden has tonight blocked two large Russian financial institutions from operating in the US and has banned Russia from issuing new state bonds on American markets in fresh sanctions against Moscow. A number of Kremlin-linked oligarchs will also have their US assets frozen and face travel bans, with Biden saying in a White House [...]
Easyjet on track to rejoin FTSE100 February 22, 2022 Low-cost carrier Easyjet is on track to be added into the FTSE100, almost two years after falling from the index as a result of the pandemic’s economic impact. In an indicative review sent around today, benchmarking provider FTSE Russell reported the company’s potential addition to the index, adding the confirmation will be announced after market [...]
City investors spooked by Russian forces moving into Ukraine February 22, 2022 Russian forces moving into eastern Ukraine sent City investors looking for direction yesterday as London’s top indexes posted a mixed day. The capital’s premier FTSE 100 index added 0.13 per cent to reach 7,494.21 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.49 per [...]