Ukraine Hits Russian Black-Sea Oil Terminal as Kyiv Faces Attack

Ukrainian drones attacked oil infrastructure at Russia’s giant Black Sea port of Novorossiysk overnight, as Moscow’s forces launched a massive air strike on Kyiv that killed three and damaged several residential buildings.

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Reeves Drops Income Tax Increase Plan, Spurring Selloff in Gilts

Chancellor of the Exchequer Rachel Reeves has dropped plans to raise the headline rates of …