One of the UK’s biggest business energy suppliers has rebranded in a move that further distances itself from its former owner, Russian gas giant Gazprom. Gazprom Marketing & Trading Retail Ltd., which traded as Gazprom Energy, is now called SEFE Energy Ltd., reflecting the new name of its parent company, Securing Energy for Europe. The […]
Tag: Britain
Bloomberg: Russian diesel likely continues to find its way to the UK via Antwerp
Russian diesel is likely to still be entering the UK, weeks after direct deliveries were halted. So far, there has been no shipment of diesel fuel from a Russian port directly to the UK this month and there was only one in June, according to tanker tracking data from Vortexa compiled by Bloomberg. That’s a […]
Belarus recalls its ambassador to the UK
Belarus recalled its ambassador to London today to protest the heavy sanctions imposed by the United Kingdom on Minsk for cracking down on the opposition and supporting Russia’s invasion of Ukraine. In a statement, Belarusian diplomacy said it had taken this measure in response to “unprecedented sanctions”, particularly against the Belarusian economy, clarifying that it […]
British court recognizes Juan Guaido as manager of BoE’s $1bn gold reserve
Venezuelan opposition leader Juan Guaido is one step closer to getting his hands on more than $1 billion worth of gold held in Bank of England vaults after a British judge decided not to recognize a Venezuelan court ruling according to which President Nicolas Maduro is designated as its legal owner. As Bloomberg reports, the […]
Britain: Over 100,000 Ukrainians have arrived in the country since the start of the war
More than 100,000 Ukrainians have arrived in Britain under two schemes set up to help those fleeing their country following Russia’s February 24 invasion, the British government announced today. Nearly 6.2 million refugees from Ukraine have been registered across Europe as of July 26, according to United Nations figures, with more than half applying for […]
Britain: An early end to the Truss-Sunak debate because the presenter fainted
The debate between the two candidates vying to succeed Boris Johnson in Britain ended dramatically on Tuesday when the moderator fainted. Foreign Secretary Liz Truss, the betting favorite to win the Tory leadership election, and former finance minister Rishi Sunak had been arguing their plans for about 30 minutes when there was a loud “bang” […]
UK: New package of sanctions against Moscow – Russian officials targeted
Britain announced today that it had imposed sanctions on Kremlin-appointed officials in eastern Ukraine’s Luhansk and Donetsk provinces as well as 29 regional governors across Russia in response to Moscow’s invasion of the former Soviet republic. The 42 new additions to British sanctions also include Russia’s minister and deputy justice minister as well as two […]
Britain: Industrial production increased at the lowest rate of the quarter
Britain’s industrial output grew at its slowest pace in a year in the quarter to July, although there was a slight easing of inflationary pressures and a rebound in investment, a quarterly survey showed. According to data from the British Chamber of Industry, the manufacturing balance in the industrial trends survey fell to 6 points […]
Britain: Prime Minister-designate Liz Truss to present plan for low taxation of new investment zones
British Foreign Secretary Liz Truss will today unveil her plan to create new investment zones and low taxes, as well as more duty-free ports, boosting her campaign to become Britain’s prime minister. Truss and former finance minister Rishi Sunak are competing to replace Boris Johnson after a Conservative revolt against his government rocked by a […]
Britain: The contender for the prime minister Sunak declared China the biggest “long-term” threat
Britain’s former Chancellor of the Exchequer Rishi Sunak, one of two candidates left in the race to succeed Conservative Prime Minister Boris Johnson, on Sunday lashed out at China, which he described as “the biggest long-term threat” to the UK. . Accusing China of “stealing our technologies and infiltrating our universities”, Rishi Sunak appeared to […]
