Home sales continue to soar as buyers keen to move despite rates hike March 10, 2022 Home sales surged last month with strong demand from buyers not letting up, even in spite of an uplift to increase rates. The latest RICS Residential Market Survey reported a net balance of nine per cent more respondents saying sales were increasing. This represented the strongest reading since May 2021. The survey also reported a [...]
UK defence minister: Russia guilty of war crimes and chemicals weapons use may mean ‘international response’ March 10, 2022 Defence minister James Heappey branded Russia’s attack on a maternity hospital in the Ukrainian city of Mariupol a “war crime”, while warning Moscow that use of chemical weapons may lead to an “international response.” The Tory cabinet minister for the Armed forces made the claims after Vladimir Putin’s army caused destruction in the besieged city [...]
Huawei UK directors quit over firm’s silence on Russian invasion March 9, 2022 Two British board members of Huawei’s UK subsidiary are set to resign over the Chinese telecoms giant’s refusal to condemn Russia’s invasion of Ukraine. As first reported by Mark Kleinman for Sky News, Sir Andrew Cahn and Sir Ken Olisa notified the company today that they intend to step down from their positions as non-executive [...]
Watchdog whacks Sky Vegas with £1.2m fine after it offered free casino spins to recovering addicts March 9, 2022 Sky Vegas has been hit with a £1.2m fine by gambling watchdog after it sent free casino "spins" to recovering addicts.
Battle for Kyiv begins as residents flee into bomb shelters: Kharkiv, Sumy and Mariupol also suffering heavily March 9, 2022 An air alert has been declared in and around Kyiv, where residents in Ukraine’s besieged capital city are urged to get to bomb shelters as quickly as possible as it appears the battle for the capital is beginning. “Kyiv region – air alert. Threat of a missile attack. Everyone immediately to shelters.” regional administration head [...]
UK grants 760 visas to fleeing Ukrainians with 22,000 applications ‘on their way through’ March 9, 2022 Some 760 visas have been granted for Ukrainians to come to the UK, Cabinet minister Grant Shapps said this morning. The Transport Secretary defended the UK’s record on providing an escape route for Ukrainians and insisted that the country’s president Volodymyr Zelensky did not want his countrymen travelling too far from their homeland. Shapps told [...]
Chancellor pressures asset managers to cut ties with Russia March 8, 2022 The Treasury has ramped up pressure on asset managers to dump their holdings in sanctioned Russian firms, with chancellor Rishi Sunak hosting top industry bosses last week to discuss divestment.
UK says it may take up to 200,000 Ukraine refugees amid Kremlin promise of ceasefire after ‘relentless’ Russian shelling March 8, 2022 UK Defence Secretary Ben Wallace said this morning the UK may take up to 200,000 refugees from Ukraine, various various schemes and visa routes. Wallace told Sky News around 200,000 Ukrainian nationals may be able to settle in Britain. His remarks come after the Kremlin promised again this morning safe corridors for civilians. However, the [...]
Keeping up with the BBC: GB News invests £14m since launch March 7, 2022 GB News have invested nearly £14m in the last year as the news channel attempts to go head-to-head with the likes of Sky News and the BBC for viewer eyeballs. The latest accounts show how the owner of GB News All Perspectives has been drawing down £46.5m worth of cash since last spring to aid the [...]
Car parts maker TMS blames Brexit for closure of UK site March 7, 2022 A supplier of car parts to the likes of Range Rover and BMW is reportedly closing its UK plant and setting its sights on Europe.