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Sanctions must be extended to all Russian banks, says Liz Truss

UK foreign secretary issues statement after some Russian banks were omitted from Swift expulsion

London Stock Exchange suspends trading in 27 firms with strong links to Russia

Energy and banking companies Gazprom and Sberbank, plus EN+, Lukoil and Polyus among firms

Russia’s Sberbank pulls out of Europe after facing failure amid sanctions

Bank’s European subsidiaries faced ‘abnormal cash outflows’, so it could no longer supply them with liquidity

Post-lockdown spending spree helps Australia’s economy rebound

Gross domestic product grew by 3.4% in December quarter, but recovery not as strong as some economists had predicted

Russia: who is on the sanctions lists – at a glance

List of people and organisations blacklisted by UK, US and EU

The great decoupling: how UK-based firms are unwinding exposure to Russia

Oil companies and City and law firms are among many working round the clock to sever ties with Russian-owned businesses

UK law firms aiding Russian oligarchs could face penalties, No 10 suggests

No 10 warns City firms to ‘think very carefully’ before propping up those allied to Putin regime

Rollercoaster day for shares after Russia hit with sanctions over Ukraine

Banks lose out as investors switch to defence stocks, and gas prices on global markets jump almost 20%

Lloyds charged my mum an astronomical amount for insurance

A reader writes that the bank’s auto-renewal quote was for £606 when cover was on offer for £127

Two top Russian billionaires speak out against war

Oleg Deripaska and Ukrainian-born Mikhail Fridman call for peace, as activities come under threat from sanctions

Swift action at last brings meaningful sanctions against Putin regime

Selected Russian banks banned from global payments system, while Russian central bank will find it harder to spend $500bn war chest

What is Swift and what will shutting Russia out of it achieve?

Western allies have agreed that ‘selected Russian banks’ will no longer have access to the international payments system

US, UK, Europe and Canada to block Swift access for some Russian banks

Partial ejection from global payment system expected in days as part of new sanctions against Moscow

UK households face biggest fall in living standards since 1950s, say experts

Russian invasion of Ukraine could further hike global energy prices and cut real incomes by 3.1%, economists fear

Western powers have realised Russia is largely immune to sanctions

Analysis: Only the financial equivalent of unleashing a nuclear arsenal will dent Russia’s foreign assets war chest

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  • Five European leaders call for closer EU-UK ties ahead of Brussels summit
  • Standing in the way of slop bowls: the woman blocking food delivery robots
  • Great British Railways: new dawn for a new network but with plenty of old problems to fix
  • Job cuts, lost customers and a £22bn debt pile: what has gone wrong at Virgin Media O2?
  • Trump may have lost but don’t bet Democrats can fix the economy
  • Nationwide launches savings account with ‘market leading’ 5.3% interest
  • Global stocks fall amid ‘big worries over AI’ after Democrats’ midterms triumph
  • US tech stocks post modest recovery on Wall Street after worst day in 19 months – as it happened
  • UK dairy farmers face further pressure as milk processor cuts prices
  • US tech stock rout: is the AI bubble bursting?
  • EU charges TikTok with failing to protect users’ mental health
  • David Jones was months behind in payments to some small Australian brands before going into administration, suppliers say
  • Commuters and shoppers face disruption from tube driver strikes in run-up to Christmas
  • US job growth exceeds expectations in October despite economic uncertainty
  • UK house prices fall at steepest rate in more than three years
  • Tesla to wind down Cybertruck production as Elon Musk focuses on robotics and AI
  • Dream ticket? Super-rich can sleep pretty with Singapore Airlines ‘largest double bed in the sky’
  • Minister tells energy suppliers to do more to help households tackle unpaid bills this winter
  • Nasdaq sees worst day in 19 months as investors bet on AI slowdown after Democrats’ election triumph
  • Bank of England raises interest rates to 4%, the first increase for more than three years
  • Multiple planes diverted as bomb threats to commercial flights reported across Europe – as it happened
  • Why have more than 30 European flights been hit by bomb threats this week?
  • Today’s UK interest rate rise unlikely to be the last unless Iran war ends; Wall Street slides on AI fears as ‘panic sets in’ – as it happened
  • How Democrats used the midterms to turn affordability concerns into ‘green populism’
  • Lynne Walker obituary
  • Pound hits highest level since its crash after 2016 Brexit vote
  • BT cuts almost 8,000 jobs amid sweeping cost-saving programme
  • Amtrak workers’ union denounces plan to let passengers bring guns on trains: ‘Sheer lunacy’
  • Debt of poorest countries at record $9.4tn high, World Bank data shows
  • David Jones wrongly believed it could be exclusive and everywhere. Can the 188-year-old institution keep the lights on for Christmas?

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