Cost of living squeeze set to intensify as Ukraine conflict adds to energy price spiral
UK households face the biggest squeeze on their incomes since the mid-1970s as the Ukraine conflict deepens the cost of...
Business
‘Watershed moment’ on fuel prices: Warnings of worse to come as petrol passes £7 a gallon
UK fuel prices have soared to new record highs, with the average cost of a litre of diesel rising to...
Oil costs soar to 2008 high of $130 as ban on Russian crude is considered
The cost of Brent crude oil has surged by 10% to its highest level since 2008 after the United States...
Caretech founders plot bid to take social care group private
The sibling founders of Caretech are plotting to make an offer for the social care group that would see it...
Visa and Mastercard announce suspension of operations in Russia
Visa and Mastercard have announced they are suspending operations in Russia.Credit and debit cards issued by Russian banks will no...
Suitors vie to win Abramovich backing for £3bn Chelsea deal
A pack of suitors from international sport, property and finance are this weekend exploring bids to take control of Chelsea...
Facebook and Instagram to block RT and Sputnik in the UK
Facebook and Instagram are blocking RT and Sputnik for users in the UK following a request by the British government.It...
Microsoft to suspend all sales and services in Russia
Microsoft has announced that it is suspending all new sales of its products and services in Russia.In a blog post...
Supermarkets remove Russian vodka brand from sale over Ukraine invasion
Co-op supermarket has removed a Russian vodka brand from sale with immediate effect "as a sign of solidarity with the people...
The inflation index signalling a 1970s-style leap in prices is looming large
The impact of Vladimir Putin's war on Ukraine on oil and gas prices is now very apparent.The price of Brent...
Roman Abramovich confirms he will sell Chelsea – with all ‘net proceeds’ to benefit victims of Ukraine war
Chelsea owner Roman Abramovich said he will sell the club - with the "net proceeds" of the sale going to...
Gas costs surge and oil hits $113 as markets fret over supplies amid Putin’s war
The cost of Brent crude oil and natural gas have surged sharply as markets eye the chance of crucial Russian...
Driven by food costs, shop prices rise at their fastest rate in 10 years
Shop prices rose at their fastest rate in over a decade last month, new figures show.Retail price annual inflation accelerated...
Russian oligarch calls for end to war but stops short of Putin criticism
Two Russian billionaires hit back at EU sanctions on Tuesday morning, promising to fight the “spurious and unfounded” allegations that...
Shell dumps Russian oil ventures following invasion
Oil titan Shell has announced that it will exit all of its joint ventures with Gazprom, an energy company controlled...
Fund manager Abrdn frustrated in effort to sell Rosneft stake
One of Britain's biggest fund managers has been left unable to sell its shareholding in the Russian state oil giant...
BP to offload its 19.75% stake in state-owned Russian oil giant Rosneft
BP is to offload its 19.75% stake in state-owned Russian oil giant Rosneft "with immediate effect" following the invasion of...
Kwarteng to meet National Grid chair amid Russian cyber attack threat
Business Secretary Kwasi Kwarteng will this week hold talks with the chair of National Grid amid anticipation of a surge...
Western allies agree to cut select Russian banks from global financial messaging system SWIFT
Western allies have agreed to remove selected Russian banks from the SWIFT global financial messaging system.In a joint statement, leader...
Convenience store giant McColl’s scrambles to stave off collapse
McColl's Retail Group, one of Britain's biggest convenience store chains, is racing to secure new funding to stave off a...
