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Britain will ‘work all day’ to get the Swift international payment system ‘turned off for Russia’ in a key sanction

The British Defence Secretary Ben Wallace has announced on Friday that the UK will “work all day” to switch off the Swift international payment system “turned off for Russia.” The… The post Britain will ‘work all day’ to get the Swift international payment system ‘turned off for Russia’ in a key sanction appeared first on…

Emergency funding for Transport for London extended until June in a deal worth £200m

Transport for London (TfL) has had their emergency funding extended until June in a deal worth £200m which bring the total emergency funding “close to £5bn.” Mayor of London Sadiq… The post Emergency funding for Transport for London extended until June in a deal worth £200m appeared first on London Business News | Londonlovesbusiness.com.

Inflation could hit 8.2% and food prices are likely to rise amid the Ukrainian invasion

The full scale invasion of Ukraine by Russia is likely to see food prices rise as the country is known as the “breadbasket” of Europe as they produce so much… The post Inflation could hit 8.2% and food prices are likely to rise amid the Ukrainian invasion appeared first on London Business News | Londonlovesbusiness.com.

British government slap Putin with the ‘largest and most severe’ package of economic sanctions Russia ‘has ever seen’

The British Prime Minister has told MPs in the House of Commons on Thursday afternoon that the UK are to slap Vladimir “Putin’s squalid venture” with a host of economic… The post British government slap Putin with the ‘largest and most severe’ package of economic sanctions Russia ‘has ever seen’ appeared first on London Business…

Russia-Ukraine: Tearful goodbyes to kids, buildings on fire

Terrible scenes have taken over Ukraine as the Russian invasion is going in full force. World leaders and various countries have strongly condemned Russian president Vladimir Putin. Take a look… The post Russia-Ukraine: Tearful goodbyes to kids, buildings on fire appeared first on London Business News | Londonlovesbusiness.com.

Russia-Ukraine war: The true impact on finance revealed

Russian gold miner Polymetal and mining company Evraz, backed by Russian billionaire Roman Abramovich, among top 10 most traded investments on interactive investor this morning (24 February 2022). JP Morgan… The post Russia-Ukraine war: The true impact on finance revealed appeared first on London Business News | Londonlovesbusiness.com.

Oil skyrockets while Russian stocks plummet amid tensions

Brent crude, the global oil benchmark, went above $105 a barrel for the first time since August 2014 due to tensions in Russia and Ukraine. It is now at $104.50… The post Oil skyrockets while Russian stocks plummet amid tensions appeared first on London Business News | Londonlovesbusiness.com.

Russian invading Ukraine pushes Brent Crude above $100 a barrel hitting petrol prices hard

Russia has launched a “full scale invasion” in Ukraine which has pushed the price Brent crude above $100 per barrel which will have a severe impact on motorists. Drivers are… The post Russian invading Ukraine pushes Brent Crude above $100 a barrel hitting petrol prices hard appeared first on London Business News | Londonlovesbusiness.com.

Ruble hits record low as Russia invades Ukraine

Russia’s ruble and its main stock index nosedived following news the country’s military invaded Ukraine. The dollar was up more than 10% against the Russian currency as the day began,… The post Ruble hits record low as Russia invades Ukraine appeared first on London Business News | Londonlovesbusiness.com.

A massive 57% of Brits experience financial difficulties as Ukrainian crisis is making an already desperate situation worse

Research by KIS Finance has revealed that as a direct result of the rising cost of living, (57%) of Brits are either already struggling financially, or expect to do so… The post A massive 57% of Brits experience financial difficulties as Ukrainian crisis is making an already desperate situation worse appeared first on London Business…

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