Drax: Biomass energy giant which received £6bn from taxpayer reports 84 per cent earnings hike February 23, 2023 Power generation firm Drax is the latest winner from the energy price crisis, with its earnings up 84 per cent in the last 12 months to £731m. Drax, which received £6bn in green energy subsidies from British taxpayers over the last four-decades, was the latest energy giant to announce bumper profits; recent announcements include Shell [...]
Why teenage figure skater Kamila Valieva could now be facing a four-year ban February 22, 2023 Teenage figure skater Kamila Valieva could face a four-year ban after the World Anti-Doping Agency (WADA) asked the Court of Arbitration for Sport (CAS) to reconsider her case. A 15-year-old Valieva helped Russia to win team gold at the Winter Olympics in Beijing a year ago, but the medals have still not been awarded as [...]
How has Ukraine’s Premier League held up after a year of war with Russia? February 22, 2023 Friday marks a year since Vladimir Putin’s Russian troops invaded the east of Ukraine, an act that would have ramifications on how so many would live their lives. And while, looking on from afar, the West can appreciate the basics of what is unfolding in the country, few understand the true impact the war has [...]
EU carbon hits €100 taking cost of polluting to record high February 21, 2023 The price of permits on the EU's carbon market hit €100 per tonne (£88.01) for the first time on Tuesday, exposing costs of polluting.
Putin blames Ukraine and the West for starting war ahead of one year mark February 21, 2023 Vladimir Putin has blamed Ukraine and the West for starting the war in an address to the Russian parliament ahead of the one year anniversary of the conflict. The Russian president referred to the “war” in Ukraine for the first time during his State of the Nation speech, after previously only referring to it as [...]
UK Tennis chiefs offered £500k by WTA to let Russians back into Grand Slam February 20, 2023 The governing body of women’s tennis the Women’s Tennis Association (WTA) have offered to retrospectively reduce a £1m fine, imposed on the Lawn Tennis Association (LTA) last year, if Russians and Belarusians are allowed to compete in LTA competitions this year. Athletes from the two countries were controversially denied entry to the Wimbledon Championships as [...]
OPEC+ decisions not politicised, Saudi energy minister insists February 20, 2023 Decisions by OPEC+ are not politicised, argued Saudi Arabian energy minister Prince Abdulaziz bin Salman.
US President Joe Biden makes surprise visit to Ukraine ahead of Russian invasion’s first anniversary February 20, 2023 US president Joe Biden has been spotted in the Ukraine capital Kyiv on a surprise visit this morning. The 46th president was filmed walking the city streets with Ukrainian president Volodymyr Zelenskyy, ahead of the first anniversary of the Russian invasion of Ukraine this Friday. Biden and Zelenskyy visited the Wall of Remembrance of the [...]
UK defence budget needs £3bn boost for ‘broken’ armed forces, top general warns February 19, 2023 A top general has warned Britain’s armed forces are “at their most broken since the Cold War” and need a £3bn boost to ramp up the UK’s military capabilities. General Sir Richard Barrons has urged Chancellor Jeremy Hunt to fund the replacement of weapons and tanks given to Ukraine in the budget next month. Barrons, [...]
Oil prices to stay high this year on China reopening and OPEC output snags, experts predict February 19, 2023 Oil prices will be propped up this year by rebounding demand from China alongside tightening supplies into Europe and OPEC's capacity issues.