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Sky News
No new tickets, a transfer ban and no merchandise for sale: How Chelsea FC’s fans will be affected
Chelsea Football Club owner Roman Abramovich has been sanctioned by the government for his links to Russian President Vladimir Putin.The move freezes the 55-year-old billionaire’s planned sale of Chelsea.The Stamford Bridge club will be given a special licence to continue operation, but under limited terms. Image: Roman Abramovich was in the process of selling Chelsea …
Business
Business Live
Somerset haulage firm acquires new multi-million-pound site
A Somerset-based haulage and warehouse company has secured a multi-million-pound funding deal to purchase new premises. Willmotts Transport, which provides logistics solutions for a wide range of companies including many food and drinks retailers, has added a 400,000 sq ft warehouse in Midsomer Norton to its portfolio of seven warehouses across the county. The firm, …
Business
Evening Standard
Exec pay falls at Credit Suisse as it reveals Russia exposure
Business
Business Live
Chelsea sale put on hold as Roman Abramovich is sanctioned by UK Government
Roman Abramovich has been sanctioned by the UK Government, freezing the Russian-Israeli billionaire’s planned sale of Chelsea. The Chelsea Football Club owner faces a ban on all transactions with UK businesses and individuals, as well as a travel ban and transport sanctions. Others included in the sanctions are Igor Sechin, Oleg Deripaska and Dmitri Lebedev. …
Business
Evening Standard
Mittal family scion to raise $5m for healthy food business
Business
Business Live
John Lewis Partnership brings back annual staff bonus thanks to record £4.9bn sales
The John Lewis Partnership has brought back its annual staff bonus after posting record sales. The chain was forced to scrap the payouts last year for the first time since 1953 because of lockdown losses. Better results this year mean almost 80,000 members of staff will get a 3 per cent bonus – or one-and-a-half …
Business
Business Live
Welsh agricultural supply business Wynnstay expands with £9.5m acquisition
Powys-based agricultural supplies group Wynnstay has further expanded with a £9.5m acquisition of a Hampshire-based rival. Wynnstay, which is listed on the Alternative Investment Market, has acquired poultry feed manufacturer and supplier, Humphrey Feeds, and associated point-of-lay pullets business, Humphrey Pullets. The acquisition is being financed through a new £12.5m revolving bank credit facility. The …
Business
Evening Standard
The wrong time for a windfall tax on big oil
Business
Sky News
Roman Abramovich sanctioned by UK government amid crackdown on Russian oligarchs
Roman Abramovich has been sanctioned by the UK government as part of attempts to crackdown on wealthy Russians with assets in the country.The Chelsea Football Club owner is one of seven more Russian oligarchs who have had sanctions placed on them by ministers on Thursday in response to Russia’s invasion of Ukraine.A government document announcing …
Business
Sky News
Borrow billions more or leave households to face biggest squeeze in decades, Sunak told
Rishi Sunak must choose to either borrow billions more or allow households to suffer an income squeeze that could be the worst since the 1970s, a leading think-tank has warned.The Institute for Fiscal Studies said the likely impact of the Ukraine crisis on inflation and public finances may force the chancellor to act when he …
Business
Euro News
Everything you need to know about Joe Biden’s crypto and digital dollar executive order
Business
Business Weekly
AI, Driverless Cars and Liability: Who takes the blame?
Although self-driving features seem to be commonplace in new cars (e.g. park-assist, lane assist, accident prediction), it seems that businesses are keen to use artificial intelligence to push the boundaries of what is possible to create not just technology which assists consumers with driving but actually takes over the responsibility of driving, writes Samantha Woodley, …

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