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LONDON (Reuters) – Britain said on Tuesday it had imposed sanctions against Belarusian individuals and organisations over the country’s role in facilitating the Russian invasion of Ukraine. Four defence officials, including the Belarus Chief of the General Staff and First Deputy Minister of Defence Major General Victor Gulevich, and two military enterprises have been included, …

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LONDON (Reuters) – British finance minister Rishi Sunak called for his counterparts from the Group of Seven (G7) rich nations and central bank governors to do more to support Ukraine in the wake of the Russian invasion, Britain’s finance ministry said. “We must do what we can to protect the fundamental freedoms of Ukraine and …

UK finance minister Sunak calls for G7 to go further over Ukraine Read More »

BEIRUT (Reuters) – A London court has ordered two Lebanese banks to pay a depositor $4 million of his money locked in Lebanon’s crippled banking system by informal capital controls in place since a financial meltdown in 2019, the first such ruling in Britain. The High Court of Justice, Queen’s Bench Division, ordered Bank Audi …

UK court orders Lebanese banks to pay $4 million to saver Read More »

By Kate Abnett and Marek Strzelecki BRUSSELS/WARSAW (Reuters) -The European Union on Monday said it will urgently link Europe’s electricity system to Ukraine’s grid, a move that would increase the independence of the country’s energy system from Russia. The link has been planned for years and was expected in 2023. Europe will now progress with …

Explainer-Europe and Ukraine’s plan to link power grids Read More »

By William Schomberg LONDON (Reuters) – British employers urged finance minister Rishi Sunak on Tuesday to give them permanent tax breaks which they said would fix the country’s lagging business investment levels and accelerate its plodding growth outlook. Ahead of an expected March 23 budget statement by Sunak, the Confederation of British Industry said the …

UK employers call on Sunak for permanent tax breaks for investment Read More »

LONDON (Reuters) – The prospects of a diplomatic resolution to the Ukraine crisis are slim at the moment, Britain’s Deputy Prime Minister Dominic Raab said on Tuesday. Asked on LBC Radio whether Russian billionaire businessman Roman Abramovich, who has accepted a Ukrainian request to help negotiate an end to the Russian invasion of Ukraine, could …

Prospects for diplomatic resolution to Ukraine crisis slim -UK’s Raab Read More »

(Reuters) -AstraZeneca Plc has agreed to develop an antibody-based therapy with Swiss biotechnology firm Neurimmune for a rare, underdiagnosed condition that can lead to heart failure in a deal valued up to $760 million, the drugmaker said on Tuesday. AstraZeneca’s rare diseases unit Alexion and Neurimmune – the firm behind the discovery of Biogen’s Alzheimer’s …

AstraZeneca, Swiss firm Neurimmune ink $760 million deal for antibody drug Read More »

LONDON (Reuters) – Britain’s deputy prime minister Dominic Raab said on Tuesday that “nothing was off the table” when asked whether sanctions could be imposed on Russian oil and gas supplies. Asked if western countries should go further in terms of the supply of oil and gas, Raab told BBC TV: “Yes I think we …

UK says nothing ‘off the table’ on Russian oil and gas sanctions Read More »