Santander and Lloyds reportedly helped Iran-backed oil firms evade UK sanctions February 5, 2024 The Financial Times reported that both Lloyds and Santander provided accounts to British front companies owned by Petrochemical Commercial Company (PCC).
Bank of England leaves interest rates on hold with Bailey hailing ‘good news’ on inflation February 1, 2024 The Bank of England has kept interest rates on hold for the fourth meeting in a row while policymakers pushed back against expectations of imminent rate cuts. The decision means the Bank Rate remains at a post-financial crisis high of 5.25 per cent, a level reached last August. Six members of the nine-strong Monetary Policy [...]
Trump’s data protection case dismissed by English court February 1, 2024 The former US president’s High Court lawsuit against British corporate intelligence consultancy was dismissed by a judge today in London. The defendant is Orbis Business Intelligence, founded by former government intelligence professionals Christopher Steele, who previously ran the Secret Intelligence Service’s (MI6) Russia desk, and Christopher Burrows. Donald Trump’s claim concerned a dossier which was [...]
Sanctioned Russian oligarch wins appeal in multibillion-dollar London divorce battle January 31, 2024 A sanctioned Russian oligarch will be able to hold on to his $20bn fortune for a little while longer after the Supreme Court today ruled against his ex-wife in a long-running divorce battle.
Even Russia’s central bank is ‘surprised’ as country’s lenders post record profits January 31, 2024 Russian banks posted record profits in 2023 in news that surprised even the country’s own central bank, showing how the state is weathering Western sanctions over the war in Ukraine.
Valieva: Kremlin calls Russian skater four-year drug ban ‘politicised’ January 29, 2024 Kamila Valieva, who at 15 helped Russia win a team ice skating gold at the Winter Olympics before being found to have doped, on Monday received a four-year ban from the sport. But the Kremlin in Moscow has hit back at the ruling, slamming it as “politicised”. Having initially been cleared of the accusation, made [...]
Jannik Sinner pays tribute to parents after spectacular maiden Grand Slam win January 28, 2024 Sinner is only the third Italian man to win a Grand Slam title.
Russian-born billionaire and former F1 boss tops the richest tax list January 26, 2024 A Moscow-born billionaire and former F1 boss Bernie Ecclestone topped this year’s Times tax list, but not for the same reasons.
Revolut account closure lawsuit from late Russian oligarch’s son-in-law struck out by High Court January 25, 2024 A High Court judge has struck out a case brought by the son-in-law of a late Russian oligarch against Revolut for "unlawfully" closing his account.
Air Astana: Why we’re taking off on The London Stock Exchange January 25, 2024 Air Astana is set for a London listing. Charlie Conchie talks to the airline’s chief about the upcoming move.