Doomsayers ‘proved wrong’: UK had third-fastest Covid recovery in G7, revised GDP data now shows September 1, 2023 New figures show the UK economy bounced back from the pandemic faster than had been thought.
BAE: British weapons maker launches in Ukraine and pens deals with Kyiv to help fight Kremlin September 1, 2023 British arms manufacturer BAE Systems has launched a legal entity in Ukraine and signed deals to help provide Kyiv with defence weapons and equipment. The firm said it will work directly with Ukraine on securing partnerships to produce 105mm light guns – artillery weapons. BAE is the biggest defence contractor in the UK and has [...]
Wise breached Russia sanctions with £250 withdrawal and accused of having ‘inappropriate’ controls August 31, 2023 London fintech firm Wise has been accused of “inappropriate” controls by the government regulator today after allowing a sanctioned Russian customer to withdraw cash from a business account. Wise, which allows businesses and individuals to open current accounts and transfer money overseas, allowed the company of a so-called “Designated Person” to successfully withdraw £250 in [...]
Stop the boats? Russia warships tracked by RAF and Royal Navy after sailing through English channel August 31, 2023 Royal Navy warships and RAF patrol aircraft have tracked a series of Russian warships as they travelled close to the UK including through the English Channel. HMS Tyne, HMS Portland and P8 Poseidon aircraft from RAF Lossiemouth carried out the monitoring operation of the Russian navy movements in waters close to the UK including in [...]
‘No room for complacency’ on inflation: Bank of England’s Pill hints at 15th straight interest rate hike August 31, 2023 The Bank of England’s chief economist warned that there was “no real room for complacency” in bringing inflation down back to target, suggesting more rate hikes are in the offing. Speaking at a research conference in South Africa, Huw Pill said “inflation remains too high, well above target, and there is no real room for [...]
US Open: Miyazaki comes to an end and Gauff sails through in New York August 30, 2023 British qualifier Lily Miyazaki fell in straight sets at the US Open today as her brilliant run at the tournament came to an end in Flushing Meadows. Having come through a number of pre-tournament qualifying matches, Miyazaki’s first main draw saw her beat Russian Margarita Betova. But the 27-year-old, Japanese-born tennis player fell to 15th [...]
Who are the frontrunners in the race to save Wilko? August 30, 2023 Why did Wilko go bust? A cocktail of dwindling demand for physical stores and competition in the discount market appeared to tip Wilko into administration. Even when a squeeze on public finances forced shoppers back to the high street in search of cheaper goods, they seemed to favour rivals B&M and Poundland when nabbing a [...]
EU spent £4.5bn buying HALF of Russia’s LNG supplies… despite pledge to wean West off Kremlin August 30, 2023 European Union countries spent over £4.5bn buying over half of all Russia's LNG supplies during the first seven months of this year.
Katie Boulter credits New York crowd after achieving career first at US Open August 29, 2023 British No1 Katie Boulter credited the New York crowd with inspiring her to victory after she won a main draw match at the US Open for the first time on Tuesday. Boulter swept past Diane Parry of France 6-4 6-0 in 82 minutes to reach the second round, where she will face China’s Yafan Wang. [...]
Ukraine under all-night air-raid warning as Putin doubles down on bombing raids August 27, 2023 Russia launched an overnight air attack against Ukraine on Sunday, sending missiles over other northern and central parts of the country, authorities said.