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Today's business and finance round up 1st June 2022

The EU (sort of) bans Russian oil

1st June 2022

Bite-sized business news from the UK and beyond

Good morning As the UK kicks off Jubilee celebrations tomorrow, check out this visualisation of the incredible history that’s taken place over the Queen’s 70 years on the throne. Enjoy the long weekend and see you on Monday!

Today's stories

  • The EU (sort of) bans Russian oil

  • Unilever adds activist investor to board

RUSSIAThe EU (sort of) bans Russian oil

Other stories to keep you in the loop

  • Mortgage borrowing falls by 36% as housing market starts to cool

  • Civil service pauses fast-track graduate scheme to cut staff numbers

  • Government announce audit overhaul to help restore trust in big business

  • Primark executive regrets this autumn's price rises

  • British pound 'at risk', according to Bank of America

  • Retailer B&M shares slide as CEO prepares for exit

CONSUMERUnilever adds activist investor to board

Stat of the day

Brits spend £1.8bn a year on unwanted consumer subscriptions or around £60 per household

Interesting links from around the web

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