“While the US might just push through a ban on Russian oil imports, Europe can ill-afford to do the same. More worryingly, [Russian leader Vladimir] Putin, with his back to the wall, could turn off gas supplies to Europe, cutting off the continent’s energy lifeline,” Vandana Hari at energy markets consultancy Vanda Insights told the BBC.
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Mortgages refused for self-employed who took Covid grants
admin, , Business, 0
“I feel unfairly penalised. Furlough has been brilliant in that it has protected my job. But I didn’t expect...
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Musk says Tesla investors backing pay deal
admin, , Business, 0
Tesla boss Elon Musk says shareholder votes on a record-breaking payout to the multi-billionaire and a plan to move...
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Hospitality sector ‘anxious’ over summer staffing
admin, , Business, 0
“I am very sceptical about a skills-based immigration policy because we have no shortages in those areas, but where...
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Retail sales in 2020 worst on record, says BRC trade body
admin, , Business, 0
The BRC’s sales monitor is collated with the consultancy KPMG, whose UK head of retail, Paul Martin, said: “In...
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Banks fail in bid to share cost of refunding scam victims
admin, , Business, 0
Katy Worobec, managing director of economic crime at UK Finance, said: “The interim funding pot was originally set up...
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Arcadia: ‘No last minute rescue’ for Topshop owner
admin, , Business, 0
The company, which includes Topshop, Burton and Dorothy Perkins, is set to enter administration on Monday.
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Triple lock pension pledge suspended for one year
admin, , Business, 0
“It will ensure the basic and new state pensions increase by 2.5% or in line with inflation, which is...
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Harvester owner consulting on job cuts
admin, , Business, 0
Image copyright Getty Images Mitchells & Butlers, the pubs and restaurants group, has begun redundancy consultations with a number...
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