Trade between Russia and the United Kingdom could double in the next five years

London, 29 November 2017 – The Third Russian-British Business Forum was held in London on 28-29 November, organised by the Ministry of Economic Development of the Russian Federation, the Trade Delegation and Embassy of the Russian Federation in the UK with the support of Russian and international partners to discuss … More

Press release: Russian-British Business Forum 2017 offers new perspectives on bilateral trade

  Press release Russian-British Business Forum 2017 offers new perspectives on bilateral trade Members of the British Parliament and UK business representatives join leaders of the Russian business establishment to discuss building cooperation in innovative sectors of the economy Moscow – London, 16 November 2017. On 28-29 November 2017, the … More

What does the latest Brexit concession mean?

The government’s decision to cave into backbench pressure and seek statutory approval for whatever divorce deal it strikes with Brussels has rekindled fears about the future of Brexit itself, and closer examination of the fine print raises more questions than answers about the true scale of its climbdown. Assuming there … More

Penny Mordaunt has been appointed international development secretary

Penny Mordaunt, the Brexit-backing work and pensions minister, has been appointed international development secretary to replace Priti Patel, who resigned from the cabinet on Wednesday night. Mordaunt’s appointment will appease many Eurosceptic MPs who wanted to see the prime minister preserve the balance of leave and remain supporters in the … More

“Dodo Pizza” restaurant is to be the first Russian pizza in the UK.

Today the Russian chain of pizzerias Dodo Pizza Brighton has opened first restaurant in Brighton! “Dodo Pizza” restaurant is business format franchise and it should become the first step towards the entering delivery-oriented mass market brand in Britain. “Dodo Pizza” aims to compete with British fast food chains such as … More

Bank Rate increased to 0.50%

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 1 November 2017, the MPC voted by a majority of 7-2 to increase Bank Rate by 0.25 … More

UK’s pre-summit push to ‘divide and rule EU 27’ impeded Brexit talks

The British government’s attempt to lobby individual EU leaders in the run-up to the recent crunch EU summit, where member states were to judge the progress of the negotiations, actively damaged Theresa May’s hopes of a better outcome, the Guardian has learned. A secret plan had been drawn up under … More

The themed train ‘The Heart of Russia’ launched on the London underground

Over the course of centuries, Russia has contributed greatly to world culture – and now its greatest achievements will be showcased with the launch of specially themed train operating on London’s underground. Seven uniquely designed carriages will provide a valuable insight into Russian achievements in various landmark subjects such as … More

Guardian analysis of key economic figures paints a picture of deepening gloom, with rising inflation denting consumer spending and investment

The Bank of England is seriously considering raising rates for the first time in 10 years against a backdrop of lacklustre economic growth, as a Guardian analysis shows the Brexit vote sapping business confidence and hitting household income. As Mark Carney, the Bank’s governor, prepares to hike the cost of … More