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Sky News
Rises in prices of bread, diamonds, gas: How will Russia’s invasion of Ukraine affect the UK?
Russia’s invasion of Ukraine will not only affect the eastern European nation but the UK will also feel repercussions.Boris Johnson said the invasion is a “catastrophe for our continent” after Russian tanks rolled into Ukraine on Thursday morning. The attacks may be in a country more than 1,000 miles away from the UK but the …
Business
Euro News
Ethereum’s Russian-born co-founder Vitalik Buterin slams Kremlin calling Ukraine invasion ‘a crime’
Business
Sky News
Why Putin’s war will mean higher inflation lasting for longer though recession should be avoided
Vladimir Putin’s decision to wage war on Ukraine threatens to turn what was an already uncomfortable inflationary situation into something far worse.The most obvious consequence of the war will be in the price of hydrocarbons. The invasion has already sent the price of a barrel of Brent crude to as much as $105.33 this morning …
Business
Sky News
Why Putin’s war will mean higher inflation lasting for longer
Vladimir Putin’s decision to wage war on Ukraine threatens to turn what was an already uncomfortable inflationary situation into something far worse.The most obvious consequence of the war will be in the price of hydrocarbons. The invasion has already sent the price of a barrel of Brent crude to as much as $105.33 this morning …
Business
Sky News
British Gas chief to give up £1.1m bonus as households face bill surge
The chief executive of British Gas parent firm Centrica has waived his bonus for last year, saying the award “didn’t feel right” as households grapple unprecedented increases to their energy bills.CEO Chris O’Shea said he had decided to give up the £1.1m bonus as the household supply business reported a 44% rise in annual operating …
Business
Business Live
St. Modwen submits application for 1,800 new homes at housing estate near Neath
The property developer for the Coed Darcy housing estate near Neath has submitted an application to Neath Port Talbot Council for outline planning permission to build 1,800 new homes. St. Modwen Developments registered the new planning application earlier this week, covering around 316 acres of the former 1000-acre BP oil refinery near Llandarcy. Aside from …
Business
Business Live
Rolls-Royce share price tumbles as chief executive Warren East quits and amid Ukraine invasion
Rolls-Royce’s share price plummeted nearly 14% on the news the company’s chief executive is stepping down from his role. Warren East will leave the firm at the end of 2022, with his successor yet to be announced. Shares tumbled on Thursday (February 24) on the news. Rolls-Royce shares fell 13.8% to 101.61p at 08:47 GMT …
Business
Business Live
Senior director returns to Liverpool FC after less than a year
A senior director is set to returned to Liverpool FC less than a year after leaving. Ben Latty will take up his new role as commercial director in March after working as group commercial director at Bristol Sport since August 2021. Mr Latty had previously been vice president for global partnership sales at the Premier …
Business
Business Live
Tyneside engineers WHP to create 25 jobs after sealing £2m finance facility
A Tyneside engineering firm is set to create 25 new jobs after securing a £2m facility to fuel its growth. WHP Engineering designs and builds cleanrooms, clean manufacturing solutions and complex process systems for the healthcare, life sciences and personal care cosmetics sectors, and the Gateshead firm has seen significant growth since it was backed …
Business
Business Live
Studio Retail Group ‘enters administration’ putting 1,400 jobs at risk
In the region of 1,400 jobs are at risk after Studio Retail Group formally entered administration, according to reports. The Lancashire-headquartered online trader has appointed Teneo to lead the process, a report in The Times has said. The group, whose largest shareholder is Mike Ashley’s Frasers Group, issued a statement on Monday, February 14, that …
Business
Evening Standard
The inevitable future scandal coming at Lloyds Bank
Business
Sky News
Boosting UK oil and gas production will not solve energy bill crisis, advisers say
Weaning the UK off fossil fuels, not increasing North Sea production, is the best way to protect consumers from high energy bills, the country’s independent climate advisers have said.The recent energy and cost of living crises sparked calls from a small group of around 20 Conservative MPs to boost domestic oil and gas production. But …

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