Major Western companies have not cut ties with Russia despite Ukraine war

  • 📰 TheSun
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 61%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Major Western companies have not cut ties with Russia despite Ukraine invasion

The MRA said: “Out means out. A promise is just a promise until it is honoured. Often companies say they will get out, but the devil is in the detail. Moral-washing must be called out.”THE boss of BAE Systems has called on the Government to match defence spending with the “elevated threat environment” since the war in Ukraine.

The firm, which makes Eurofighter Typhoon jets, combat vehicles, and nuclear submarines, said it had a record £37billion of new orders last year as governments around the world ramped up their spending after Russia’s invasion.The boss of BAE Systems has called on the Government to match defence spending with the 'elevated threat environment'Credit: AFP

Charles Woodburn, BAE chief executive, told The Sun he would “await with interest the Spring Statement” on whether the UK’shas said Britain’s own weapons stockpiles have fallen to historic lows. Mr Woodburn said BAE had been increasing munition production to support Ukrainians and “backfill”, but said production of shells took around 18 months.will result in £1.2billion profit for the Government, making it a fair deal for taxpayers.

The secretive nature of the takeover had been heavily criticised, particularly as it has emerged the Government provided a £4.5billion facility for energy-purchasing and a loan to Octopus.Rivals Centrica, Scottish Power and E.ON have said they were not aware of these terms when considering their own approaches for Bulb.Octopus will argue that as energy prices have fallen, the hedging support from the Government has only come to £1.76billion and Octopus will pay back £2.95billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What does that tell ya

Well there's a suprise

Including Donald Trump and the Republican party..They want to defund help that could save lives..

TheSun: What is happening with Russia on sanctions that are not working in their economy. They have growth of 3% higher than the UK and INDIA abstaining on VOTE in the United Nations? Ukraine deserve better than this against Russia to aid them in the war!

It's always the stomach first.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines