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Headlines

UK sanctions Russian insurer for protecting "shadow fleet" of tankers

JPMorgan's dispute over a Greek fintech founder is resolved by a UK judge

Keir starmer reveals plans to raise 8,6 billion pounds in taxes at Labour manifesto launch

- UK music festivals face artist boycott over Barclays sponsorship deals

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As part of an effort to limit Moscow's oil revenues, the UK has imposed new sanctions on Ingosstrakh - a Russian insurance company that is a major player in the Kremlin’s “shadow fleet” of oil tankers.

The London High Court has put an end to a dispute between JPMorgan Bank and the founder of a Greek fintech Viva Wallet, which the bank owns in part. This opens the door for the sale of the company.

Keir starmer, the leader of the British Labour Party and opposition to the Conservatives in Britain, announced plans on Thursday to raise 10.97 billion pounds in taxes. He promised to "relight" the flames of economic growth as well as put an end to the "Conservative Chaos".

The British music festivals Latitude and Download face pressure from Barclays to end their relationship with the bank over perceived links to Israel. This comes just weeks after another dispute caused one of the largest sponsors of literary festival to cancel its deals. ($1 = 0.7840 pounds) (Compiled Bengaluru Newsroom)