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Britain hits Russia with third wave of trade sanctions worth £1.7bn – including precious metals imports – in latest action against Putin’s war machine Britain hits Russia with third wave of trade sanctions and targets metals imports The new package – which also hits Belarus – is aimed at £1.7bn worth of trade Ministers take … Read more
By Ed Magnus and Helen Crane For This Is Money The Bank of England has upped the base rate for the fourth time since December as it attempts to keep a lid on soaring inflation. The base rate has risen from 0.75 per cent to 1 per cent, having been previously upped from 0.1 to … Read more
A start-up promising to deliver groceries to customers’ doors in under 15 minutes is on the verge of collapse after just one year. The Send app no longer works, its website is down and there are no answer at its headquarters in the Sydney suburb of Manly. Unless administrators Worrells find a buyer soon, 300 staff … Read more
Ukraine’s national football team to face German side Borussia Monchengladbach in their first fixture since Russia’s invasion… as they step up preparations for World Cup play-off semi-final against Scotland Monchengladbach have announced plans to host Ukraine in a friendly on May 11 All profits from the game in Germany will be donated to charitable causes … Read more
‘If the war in Ukraine ends soon and I’m in good shape…’: Wladimir Klitschko, 46, suggests a sensational return to boxing, after watching Tyson Fury’s fight… but only once he’s done with Russia in Kyiv’s Territorial Defence Ex-world heavyweight champion Wladimir Klitschko retired from boxing in 2017 Klitschko, whose brother Vitali is the Mayor of … Read more
They’re the ultimate symbol of individuality — homes designed and built to your specifications, perhaps with you doing some of the heavy lifting, too. But have soaring inflation, labour and materials shortages, plus the war in Ukraine, combined to push the costs of your dream self-build home through the roof? It looks that way, with … Read more
Former Chancellor George Osborne is drafted in to advise a US group on a £2.5bn bid to buy Chelsea football club The Premier League club Chelsea was hastily put up for sale last month Oligarch Roman Abramovich was sanctioned by the UK Government The successful bidder for the club is likely to be announced as … Read more
Average energy bills could rise to as much as £5,000 a year if the war in Ukraine continues to disrupt gas supplies, ministers have been warned. Ofgem is understood to have privately told ministers that the price cap is likely to rise to at least £2,400 when it is next reviewed in October. But a … Read more
Sacked Russian Formula One driver Nikita Mazepin has had assets including property worth more than £100million seized by Italian authorities. The former Haas driver and his oligarch father Dmitry were sanctioned following Vladimir Putin’s savage invasion of Ukraine, days after he was dropped by his F1 team Haas. Today, Italian financial police seized their luxury villa … Read more
The eight-mile Kremlin convoy on road to war: Satellite images show column of Russian armoured vehicles heading for key battles in eastern Ukraine Eight mile convoy heads to eastern Ukraine where decisive battles are expected Russian commanders ‘believe the Donbas represents best chance of success’ The Kremlin is seeking a victory there to justify its … Read more