Screenshot: Is Channel 4 facing a Great British Sell-Off? June 4, 2021 This week **Media Moment of the Week: Baby Musk (Doo, Doo, Doo, Doo, Doo, Doo) **Is Channel 4 facing a Great British Sell-Off? **Etsy dials into Gen Z fashion Media Moment of the Week: Baby Musk (Doo, Doo, Doo, Doo, Doo, Doo) It’s fair to say Elon Musk has a bit of a reputation for [...]
Joe Biden to visit the Queen at Windsor Castle in his first overseas trip June 3, 2021 Joe Biden will meet with the Queen next week at Windsor Castle after he finishes at the G7 meeting in Cornwall. Biden’s first overseas trip will be to the UK for the three-day G7 summit, before he visits Belgium and Switzerland. The US President and his wife Dr Jill Biden will meet Queen Elizabeth at [...]
Backlash over Russian oligarch’s £1bn UK broadband bet June 3, 2021 Campaigners have called for greater scrutiny over foreign investment in the UK telecoms market after a Russian oligarch backed a £1bn plan to upgrade the country’s broadband network. Letter One, an investment company founded by billionaire Mikhail Fridman, is a key investor in a project by new broadband firm Upp to deploy full-fibre connections in [...]
Russia’s Nordgold plots London IPO after gold price climb June 3, 2021 Russian mining giant Nord Gold has confirmed its plans today to hold an initial public offering (IPO) in London, after reaping the benefits of rising gold prices. The company, known as Nordgold, is plotting a free float of at least 25 per cent while it also plans another listing in Moscow, the group said today. Investor [...]
Russia to set up 20 new military units in west to counter Nato’s ‘growing threat’ May 31, 2021 The Russian military will form 20 new units in the country’s west this year to counter what it claims is a growing threat from Nato. Defence minister Sergei Shoigu made the announcement at a meeting with top military officials. He pointed to a growing number of flights by US strategic bombers near Russia’s borders, deployments [...]
Biden budget sees $6tn of spending and tax hikes on the wealthy May 29, 2021 US President Joe Biden’s first budget includes spending provisions that would see the country’s debt hit 117 per cent of GDP over the next decade. Biden announced the plans last night, with a $6trn (£4.3trn) spending boost at the centre. Read more: Put-in the diary: Biden to meet Russian President in June The President has [...]
Around 500 farmers with UK visas are trapped in Belarus after the flight ban May 28, 2021 Around 500 farmers from Belarus, who were recruited under a government visa scheme, have been left trapped in Belarus after the UK banned flights from the country this week. Trying to help the UK with its summer harvest, farmworkers have been trying to find indirect flights from neighbouring countries to get to the UK, after [...]
Small ‘dirty cash’ fortune of £5.1m found in Fulham flat – stashed under beds May 28, 2021 A small fortune of £5.1m in “dirty cash” was found in a Fulham flat – stashed under beds, in cupboards and strewn on the floor, police have said today. Three money launderers are facing prison following the Met police’s largest single cash seizure last summer. Police said it was left across the flat because the gang [...]
US informs Russia it will not rejoin Open Skies arms control pact May 27, 2021 The Biden administration has informed Russia that it will not rejoin a key arms control pact, even as the two sides prepare for a summit next month between their leaders. US officials said Deputy Secretary of State Wendy Sherman told the Russians that the administration had decided not to re-enter the Open Skies Treaty, which [...]
Ranked: S&P Global’s $44bn mega-deal tops list of biggest 2020 acquisitions May 27, 2021 In what was a tough year for businesses across the world, it was a fruitful one for 6,000 mergers and acquisitions. While the pandemic threatened companies of all sizes, some managed not just to survive but to continue growing in the last 12 months. After a year unlike any other, which acquisitions were the biggest [...]