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Sky News
‘Every penny paid to Russia turns into bullets and projectiles’: Zelenskyy thanks the US for Russian oil ban
Ukraine’s President Volodymyr Zelenskyy has thanked US President Joe Biden following his announcement of a ban on Russian oil imports.President Biden said America’s latest move to punish Mr Putin over his invasion of Ukraine – which will also stop gas imports – targeted the “main artery of Russia’s economy”.Britain is to phase out Russian oil …
Business
Sky News
Criminal offence for any Russian plane to enter UK airspace, says transport secretary
The government has made it a criminal offence for any Russian aircraft to enter UK airspace.Foreign Secretary Liz Truss also announced a ban on the export of aviation and space-related goods and technology and on UK companies providing insurance and re-insurance services in relation to these. On Tuesday Transport Secretary Grant Shapps sent a letter …
Business
Euro News
5G and a ‘budget-friendly’ iPhone SE: All you need to know as Apple releases its latest products
Business
Evening Standard
M&G boss John Foley on Ukraine crisis: ‘It’s a new shade of bad’
Business
Sky News
‘Defending freedom will cost’: US bans Russian oil and gas imports and UK will stop using Russian oil this year
US President Joe Biden has banned Russian oil and gas imports, calling it a “powerful blow” to “Putin’s war” – and the UK has said it will stop importing Russian oil by the end of this year.Mr Biden vowed “to keep pressure mounting” on Vladimir Putin and his “war machine” over the invasion of Ukraine. …
Business
Business Weekly
$42m invested in new Cambridge Covid vaccine
DIOSynVax, a University of Cambridge spin out is to receive $42 million to develop a vaccine candidate that could provide protection against both existing and future variants of SARS-CoV-2 – the virus that causes COVID-19 – as well as other major coronaviruses, including those that cause SARS and MERS. The investment is from the Coalition …
Business
Sky News
Why nickel’s spectacular surge could put the brakes on carmakers’ electric plans
While many people – consumers and investors – focus on the impact on energy prices from Vladimir Putin’s invasion of Ukraine, the reaction has been just as violent in the prices of many other commodities.The price of copper, just about the most important industrial metal hit an all-time high of $10,070 per tonne on the …
Business
Sky News
Stanlow refinery’s parent grapples with ties to Russian lender VTB
The owner of one of Britain’s biggest oil refineries has moved to distance itself from a relationship with VTB Bank, one of the Russian lenders which has been sanctioned since the invasion of Ukraine.Sky News understands that Essar Oil UK (EOUK), which owns the Stanlow refinery in northwest England, has been given “assurances” about the …
Business
Evening Standard
Inflation is impossible to predict and makes business planning impossible
Business
Business Live
South West named top UK region for women to work in
The South West has been named the best region of the UK for women to work for a third year in a row. The annual ‘Women in Work Index’, by professional services firm PwC, found the region had the third-lowest female unemployment rate (3.7%) in the country, the second-lowest gap between male and female labour …
Business
Evening Standard
KPMG fined £1.3 million for ‘serious’ breaches over Revolution Bars audit
Business
Sky News
‘Sorry’ Shell turns its back on all Russian oil and gas after backlash
Shell has revealed further plans to turn its back on Russia over the invasion of Ukraine by saying it will stop “all involvement” with the country’s oil, gas and other hydrocarbon products.The UK-based oil and gas giant’s chief executive announced the decision after a backlash over a Russian oil deal last week as sanctions gathered …

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