UK forces have been given permission to board Russia's sanctioned shadow fleet vessels transiting UK waters as the UK steps up its pressure on the Putin regime.
Announcing this, 10 Downing Street said Prime Minister Keir Starmer has agreed that the UK Armed Forces and law enforcement officers will now be able to interdict vessels that have been sanctioned by the UK and are transiting through UK waters.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.