On any other day, White Post Lane in London’s Hackney Wick neighborhood crawls with people searching for artisan coffee and taking selfies against the graffiti-covered walls. Outside a newly renovated Continue Reading
If the European Union decides to impose a full oil and gas embargo on Russia, the shock waves of the move would end up costing the UK economy more than Continue Reading
Britain’s media regulator said on Friday it has revoked Russian-backed television channel RT’s licence to broadcast in the UK with immediate effect after a probe into the impartiality of its Continue Reading
When the commodity’s price went vertical last week, the metals industry plunged into turmoil not seen since the Tin Crisis of 1985. The open-outcry trading ring at the London Metal Continue Reading
Over the past two decades, London’s high-end property market was overrun by the global superrich led by Russian oligarchs who did so many big, brash deals that locals called the city Londongrad. Continue Reading
Along with U.S. President Joe Biden banning Russian oil imports, the UK opted to phase out oil imports from Russia in response to Vladimir Putin’s illegal invasion of Ukraine. The Continue Reading
The London Metal Exchange (LME) halted nickel trading on Tuesday after prices doubled to a record $100,000 per tonne, fuelled by a race to cover short positions after Western sanctions Continue Reading
Nickel Trade Halted on LME as Price Spikes 250% The London Metal Exchange suspended trading in its nickel market after an unprecedented price spike left brokers struggling to pay margin Continue Reading
The pound slumped to the lowest since December 2020 as traders flocked to the U.S. dollar amid an escalation in the Ukraine war. Sterling slid to as low as $1.3156, Continue Reading
Biden Says Russia Sanctions Have Had ‘Profound’ Impact As calls grow for the U.K. to cut off Russian companies over the invasion of Ukraine, few realize how costly that could Continue Reading
