In retaliation against Western sanctions, the Russian government has banned the sale of Russian assets. So firms that, in recent years, have been encouraged to establish a presence in Russia, to make breakfast cereals or detergents, are “locked in” with local businesses, staff and supply chains.
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Warning energy bills may rise above £4,000 in April
admin, , Business, 0
The prediction from analysts comes as the government scales back its two-year promise to cap bills.
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IMF openly criticises UK government tax plans
admin, , Business, 0
The UK government proposals will work at “cross purposes” with the cost-of-living fight, the IMF says.
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Renewable energy: Government plan for price cap is risky, firms warn
admin, , Business, 0
A government limit on electricity generated in older renewable and nuclear facilities is expected this week.
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Driverless car firm Cruise to cut 900 jobs
admin, , Business, 0
In one incident from August 2023, the self-driving car hit someone at 1.4mph, while in the other incident, from...
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Covid: Ryanair losses grow and passenger numbers plunge
admin, , Business, 0
However, when flights did resume Ryanair said passenger confidence and forward bookings “were negatively impacted by the return of...
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Covid PCR testing market labelled ‘rip-off jungle’
admin, , Business, 0
During the summer, the Health Secretary was forced to launch an investigation with the CMA to look into the...
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Boeing: Bolts missing from door, says blowout report
admin, , Business, 0
The incident happened minutes after Alaska Airlines Flight 1282 took off, and involved a panel covering an unused emergency...
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Warning poorest households are struggling to get £150 energy rebate
admin, , Business, 0
Rochdale Borough Council is processing 50,000 direct debit rebates and has just started to mail out letters to the...
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