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Putin ‘asks oligarchs to donate to budget’ as cost of Ukraine war soars | World News

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Russian President Vladimir Putin. Pic: AP

Vladimir Putin has asked oligarchs to donate to Russia’s budget to stabilise the country’s finances as he presses on with the war in Ukraine, according to Russian media.

The Russian president held a closed-door meeting with leading businessmen on Thursday, The Bell online outlet reported.

Mr Putin discussed military funding and the continuation of the war, the Bell wrote, citing unnamed sources.

The war, which has been raging on for five years since Russia‘s full-scale invasion in February 2022, has seen the country’s defence costs soar, reaching 15.5 trillion roubles (£144bn) in 2025.

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Russia is facing both falling budget revenues from energy sales and an economic slowdown. This is affecting tax income from other sectors of the economy.

The Russian government is said to be considering a possible 10% cut to all “non-sensitive” spending in its 2026 budget, with the final decision to hinge on the sustainability of the oil price rise triggered by the Iran war.

But oligarchs could now be providing the much-needed budget boost.

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Billionaire Suleiman Kerimov reportedly said he will donate to Russia’s budget. File pic: Reuters

During the meeting with Mr Putin, billionaire Suleiman Kerimov pledged to donate 100 billion roubles (£922m), according to The Bell.

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Oligarch Oleg Deripaska is also said to be donating. File pic: Reuters
Image:
Oligarch Oleg Deripaska is also said to be donating. File pic: Reuters

Oleg Deripaska, a metals magnate, also agreed to contribute when asked by the Russian leader, the Financial Times reported, citing three people familiar with the matter.

Read more from Sky News:
Russia attacks ‘deeply hostile’ UK decision

Are US-Iran peace talks actually happening?

Mr Putin reportedly said Russia will fight on until it captures the remaining areas of Ukraine’s eastern Donbas region, which are not currently under its control.

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Skyttering Beck footbridge, Yarm, to close for works

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Skyttering Beck footbridge, Yarm, to close for works

Stockton Council has made a Temporary Traffic Regulation Order for Skyttering Beck Bridge on March 19.

The authority decided access to the footpath over the bridge should be prohibited, because works are being, or are proposed to be, carried out on or near the footpath.

The notice states that the order came into effect on March 19 and temporarily closes the full length of Skyttering Beck Bridge, Yarm.

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The closure will apply at such times as traffic management signs are erected on site to notify users that the bridge is shut.

According to the notice, work at the site is expected to continue until about May 31.

  • For more notices affecting YOUR area, visit our Public Notice Portal – Public Notices from The Northern Echo ( publicnoticeportal.uk ).

However, the order itself can stay in force for a maximum of six months if required, unless extended further with the approval of the Secretary of State for Transport.

Access for pedestrians and emergency services will not be maintained while the closure is in place.

A diversion route will be signposted on site to direct people around the affected section.

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Ian Huntley inquest to open next month after murderer died days after prison attack

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Cambridgeshire Live

It is believed that the child killer’s ashes will be scattered in secret

An inquest is scheduled open in April for Soham killer Ian Huntley, who died days after a prison attack. The 52-year-old died in the Royal Victoria Infirmary in Newcastle on March 7 after he was allegedly attacked with a metal bar in a workshop at HMP Frankland in Durham on February 26.

The County Durham and Darlington Coroner has posted details of an inquest opening hearing, due to be held in Crook, County Durham, on April 14. Listed under the name Ian Kevin Huntley, the inquest opening will be heard by senior coroner Jeremy Chipperfield.

It has been reported there will be no funeral service for the child killer. The Sun has said it understood Huntley’s family will scatter his ashes in secret.

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Anthony Russell, 43, has been charged with murdering Huntley at the maximum security jail. He will attend Newcastle Crown Court on April 24 for a pre-trial preparation hearing.

Huntley was serving a life sentence for the 2002 murders of 10-year-olds Holly Wells and Jessica Chapman. The ex-school caretaker killed the best friends after they left a family barbecue to buy sweets in Soham on August 4, 2002.

He dumped their bodies in a ditch 10 miles away. They were not found for 13 days, despite a search involving hundreds of police.

At the time, Huntley lived with Maxine Carr, who was a teaching assistant at Holly and Jessica’s primary school. He denied murdering the girls but was convicted after a trial at the Old Bailey in 2003. He was jailed for life with a recommended minimum term of 40 years.

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Carr gave Huntley a false alibi and was jailed for 21 months for perverting the course of justice. She is now living under a new identity.

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Time for a change? Five ways to navigate a mid-career transition

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Time for a change? Five ways to navigate a mid-career transition

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Time for a change? Five ways to navigate a mid-career transition – Positive News























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Switching career can be daunting, but hugely rewarding. Here are five steps to make the transition easier

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Switching career can be daunting, but hugely rewarding. Here are five steps to make the transition easier

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1. Know when to go

“Every career chapter has a natural rhythm. There’s energy and learning at the start, mastery in the peak, and eventually, a gradual sense that something has shifted. That’s the moment we’ve outgrown where we are. Leaving isn’t failure; it’s progress. It’s recognising that you are allowed to want something different. Knowing when to go is an act of courage and the beginning of what comes next.”

Image: Bram Naus

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2. Give yourself permission to pause

“We’re conditioned to move quickly but transitions are essential. It’s rarely possible to take time off from earning but if you can, take a moment to reconnect with who you are beyond your CV. What do you value? What energises you? What do you miss? A pause is often the most useful part of the process. It helps you return to your essence, not just your output. It’s the space where clarity grows.”

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3. Challenge the narrative that says it’s too late

“So many of the narratives that hold us back are inherited from workplaces, families and culture. ‘People my age don’t change careers.’ ‘If I stop now I’ll lose everything I’ve built.’ These beliefs are protective stories designed to keep us in the familiar. Question them. Ask: ‘Is this true, or just familiar?’ Replace those limiting narratives with more empowering ones: ‘I am allowed to evolve.’

Image: Hannah Olinger

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4. Explore with intention

“You don’t need to know the full five-year plan. You just need to be willing to experiment. Start small: read widely, try a short course, have conversations, shadow someone whose work you admire, volunteer in a space that intrigues you. Think of it as research rather than reinvention. By taking tiny, low-stakes steps, you gather information about what feels energising and what doesn’t.”

Image: Christina

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5. Curate your support network

“Transitions can feel lonely, especially when the world sees you as ‘the person who used to…’. Surround yourself with people who see your potential, not just your past. Seek out those who listen without judgement and who remind you that you are capable. Let go of the voices that keep you small. Your environment shapes what feels possible. Choose people who help you expand.”

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How much should you save per year based on your salary, according to an accountant?

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How much should you save per year based on your salary, according to an accountant?
It’s time to get smart with your savings (Picture: Getty Images)

In this day and age, saving a substantial amount of money each month can be a challenge.

Once you’ve paid your mortgage or rent, settled your bills, and done your weekly food shop, often there’s little left to squirrel away.

And for many, that’s before being able to spend your hard-earned cash on ‘little treats,’ from dinner and drinks with friends to relaxing holidays.

However, it’s not all doom and gloom in the world of personal finance.

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Despite 61% of UK consumers finding it harder to save compared to this time last year — caused by the cost of living crisis, which continues to squeeze finances — there are ways you can save some money if you know how.

Metro spoke with chartered accountant Nicole Zalys, also known as The London Accountant on social media, to get her top saving tips. Plus, to find out how much you could realistically save per year based on your salary.

Nicole Zalys, aka the London Accountant, has shared her money knowledge (Picture: Supplied)

Disclaimer: We’re aware that, even though some people may be on the same salary, outgoings are likely to be different.

When factoring in variables like rent, mortgages, financing cars, and kids, very different amounts will leave people’s bank accounts. Therefore, saving goals might be different.

Nicole’s top saving tips

Drawing on extensive experience of her own and that of her clients, Nicole explains that saving money is something almost everyone says they want to do more of. Yet for many, it remains harder than expected.

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According to the FCA’s Financial Lives Survey, the average UK household has just £1,000 in accessible savings. So why do so many people struggle?

Here, Nicole shares three things you can do money-wise that will consistently make a difference:

First, automate it. Nicole reveals that research across 94 studies found that specific ‘if then’ plans can double follow-through rates.

‘A rule such as “when my salary lands, I transfer £X” is far more effective than relying on willpower alone,’ she adds.

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Second, Nicole recommends making the future feel tangible. ‘Our brains tend to treat our future selves like strangers, which helps explain why saving is so easy to put off.’

Her advice? Give your goals a name. Make them personal.

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Third, if saving feels like deprivation, Nicole advises reframing it as paying your future self.

‘You are not giving something up. You are spending on someone who happens to be you.’

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Is it time to re-evaluate your savings strategy? (Picture: Getty Images)

Additionally, while many attempt to follow the popular 50/30/20 rule, which suggests spending 50% of your monthly salary on needs, 30% on wants and 20% on savings, Nicole says it was actually designed with the American middle class in mind.

Therefore, for individuals, couples, or households in expensive cities like London, housing alone can swallow a huge share of income.

So, what is actually realistic?

‘Before looking at the numbers, one point matters most,’ states Nicole. ‘If you are carrying high-interest debt, especially on credit cards, paying that down should come before building savings.’

Clearing a balance charging 20% interest is effectively the same as securing a 20% guaranteed return, something no ISA or savings account is likely to match.

Once that is dealt with, the expert explains that the targets below become far more meaningful.

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Even if you don’t hit them every month, it’s important not to be disheartened: Living costs are high, but these figures are a useful benchmark.

Savings vs salary: how much should you save?

Below, Nicole has zoomed in on six salaries. From sharing the average monthly take-home amount to a savings target, hopefully, it helps make your money journey easier.

Again, don’t stress if you don’t relate to these figures — saving in whatever capacity you can is still good practice. No one’s financial experience is the same, so it’s important not to compare yourself to others and their situations.

Everyone is on their own financial journey (Picture: Getty Images)

£20,000 salary

Take-home: around £1,493 a month

Target: 3%

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At this level, ‘most income will go straight on housing and essentials,’ states Nicole. Even saving £25 a month matters because consistency is what builds the habit.

‘It is also worth making full use of a workplace pension, as the employer contribution is effectively free money.’

£25,000 salary

Take-home: around £1,793 a month

Target: 5%

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This is still a tight income, particularly in cities. However, ‘consistency matters more than the amount itself.

‘A Lifetime ISA offers a 25% government bonus on up to £4,000 a year, making it one of the strongest guaranteed returns available for first-time buyers or retirement savers.’

£30,000 salary

Take-home: around £2,090 a month

Target: 7%

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‘Before anything else, this is the point at which aiming for an emergency fund becomes particularly important,’ says Nicole. Covering three months of essentials, roughly £3,000 to £4,500, can make a significant difference.

‘Research suggests people with this kind of buffer tend to make better financial decisions.’

Do you have a comfortable safety buffer? (Picture: Getty Images)

£40,000 salary

• Take-home: around £2,693 a month

Target: 10%

At this level, Nicole says it’s worth making the most of your Cash ISA allowance, currently £20,000 a year tax-free, while also reviewing whether your pension contributions are working hard enough.

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£50,000 salary

Take-home: around £3,293 a month

Realistic target: 12%

You are approaching the 40% tax threshold, which means that where you save becomes almost as important as how much you save.

£60,000 salary

• Take-home: around £3,780 a month

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Realistic target: 15%

‘This is the point at which the High Income Child Benefit Charge begins to bite, but pension contributions can reduce or even eliminate it entirely,’ the expert explains.

Maxing out your ISA, reviewing salary sacrifice and speaking to a financial planner may all be worth considering.

It might be time for that pay rise… (Picture: Getty Images)

Bottom line?

‘Sometimes, though, the answer is not saving more but earning more,’ educates Nicole.

In an inflationary environment, there is only so much to be gained from cutting back. Energy, rent and food are structural costs. For many people, the more powerful lever is income.

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‘Asking for a pay rise remains one of the highest-return financial moves available, and while many employers do not offer increases proactively, they will often respond when asked.

‘Even a side income of £3,000 to £5,000 a year, if saved in full, can outperform years of budgeting on a lower salary.’

These figures are based on typical observations and should be treated as a guide rather than a rule. Always seek financial advice before making major decisions.

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Search for missing man involved in Wisbech river crash enters 10th day

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Cambridgeshire Live

Five teenagers were in a car that crashed into the River Nene on March 17

Searches for a missing 18-year-old involved in a crash are continuing for a 10th day. Five teenagers were in the blue VW Polo that crashed into the River Nene along North Brink, Wisbech at around 8.20pm on Tuesday, March 17.

Three teenagers, including an 18-year-old boy and two 16-year-old girls, were able to escape and were taken to hospital. However, Eden Bunn, 16, and Declan Berry, 18, were missing.

Sadly, Eden’s body was recovered from the river on March 18. The car was also recovered on Sunday (March 22).

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Declan, who is believed to have been the driver of the car, still hasn’t been found. Cambridgeshire Police confirmed searches for Declan are “ongoing”. Earlier this week, a helicopter was spotted over the search area.

Flowers and tributes were laid at the roadside of where the crash is believed to have happened. Eden’s family also paid tribute to her last week, describing her as the “kindest, most loving girl”.

Do you want more of the latest Cambridgeshire news as it comes in from across the county? Sign up to our dedicated newsletter to make sure you never miss a big story from Cambridge or anywhere else in the county. You can also sign up to our dedicated Traffic and Crime newsletters for the latest updates on the topics you are most interested in.

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Man charged with kidnap after ambulance stolen from hospital with patient inside

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Man charged with kidnap after ambulance stolen from hospital with patient inside

A man has been charged with kidnap after allegedly getting into an ambulance outside a hospital and driving off with a patient still inside.

Staffordshire Police said they were called to a report of a man taking the emergency vehicle from Royal Stoke University Hospital at about 8.15pm on Wednesday.

The force said three people, including a patient and a paramedic, were in the back of the vehicle at the time but none were injured in the incident.

Marshall Leese, 31, of Hanley, Stoke-on-Trent, has been charged with kidnap, theft of a motor vehicle and failing to provide a specimen for analysis.

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He has also been charged with driving a motor vehicle dangerously, driving a motor vehicle otherwise than in accordance with a licence and using a motor vehicle without third party insurance.

Leese is due to appear at the North Staffordshire Justice Centre on Friday.

This is a breaking news story, more to follow…

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Bank of England rate-setter issues verdict on whether interest rates will be hiked next month

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Manchester Evening News

‘I currently see a high bar to hiking’

The Bank of England’s policymaker has issued a firm warning against rushing into interest rate hikes as a reaction to the energy price shock brought about by the Iran war.

Speaking in New York this week, rate-setter Alan Taylor argued that the central bank must maintain a high bar for increasing borrowing costs despite the significant spike triggered by the conflict in the Middle East.

The Monetary Policy Committee member emphasised that monetary policy is fundamentally ill-suited to address sudden, unpredictable surges in global oil and gas prices that remain entirely outside the control of domestic officials.

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While the Bank’s nine-member committee recently voted unanimously to hold interest rates at 3.75%, the geopolitical landscape has shifted dramatically since the conflict began on February 28.

This has forced a pivot from previous expectations of rate cuts to a market now pricing in multiple hikes by the end of the year.

This change comes as the bank warns that inflation is now projected to climb as high as 3.5% by the third quarter, a figure that significantly overshoots its 2% target.

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Despite this inflationary pressure, Mr Taylor suggested that holding policy steady remains the preferable course of action until the full economic impact of the Middle East conflict becomes clearer. He noted that the UK currently faces a relatively low risk of inflation expectations becoming unanchored, pointing to a weakening labour market and slowing wage growth as factors that provide the MPC with some breathing room.

According to Mr Taylor, the primary role of the Bank in this “all hands on deck” moment is to navigate an increasingly acute trade-off between fighting high inflation and supporting weakening economic growth.

However, Mr Taylor’s cautious stance highlights a growing divide within the Bank of England’s leadership regarding how to handle the “growth-inflation trade-off” during wartime. His preference for patience stands in contrast to recent comments from Chief Economist Huw Pill, who signaled a readiness to vote for a rate hike sooner rather than later to curb rising price risks.

Pill has argued that the “fog of uncertainty” surrounding the war should not serve as an excuse for policy inaction, suggesting that the Bank must be proactive to ensure inflation does not become a permanent fixture of the UK economy.

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With the next rate decision and a fresh set of economic forecasts scheduled for April 30, the committee remains tasked with applying deep analytical rigor to a crisis that Taylor admits will demand extreme policy flexibility and clear communication to the public.

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Asylum seeker who abducted and raped 12-year-old girl jailed for 15 years

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Asylum seeker who abducted and raped 12-year-old girl jailed for 15 years

In a statement issued after the hearing, Detective Chief Inspector Collette O’Keefe, who led the investigation, said: “When Mulakhil carried out this horrific attack on a young girl, not only did he commit the most serious of crimes, he breached the fundamental values that hold our communities together.

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UN human rights chief calls on US to conclude probe into Iran school strike

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UN human rights chief calls on US to conclude probe into Iran school strike

Iran’s Foreign Minister Abbas Araghchi said in a video address to the UN meeting in Geneva that the bombing was a “deliberate and intentional” attack by the US. “This atrocity cannot be justified, cannot be concealed, and must not be met with silence and indifference,” he said.

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Madeleine McCann probe hit by major blow before anniversary of disappearance

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Daily Mirror

The Metropolitan Police investigation into Madeleine McCann’s disappearance has been allocated £86,000 for 2026/27, down from £108,000 the previous year

There has been a significant development in the search for Madeleine McCann – almost 19 years since she vanished – and not one likely to be welcomed by those directly involved.

Home Office ministers have given the green light to continued funding for Operation Grange, which began in 2011 following Madeleine’s disappearance from a holiday apartment in Praia da Luz, Portugal, in May 2007.

The specialist Metropolitan Police team running the investigation has been granted £86,000 for 2026/27, a reduction from the previous year’s £108,000. The probe has cost approximately £13.3m since its inception. Madeleine was holidaying with her family in Praia da Luz in the Algarve, Portugal, in 2007 when she disappeared aged just three. The 19th anniversary of her disappearance falls on 3 May.

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READ MORE: Dad waved off daughter as she went parasailing on ‘best ever’ holiday – then rope snappedREAD MORE: Family of Joshua Kershaw found dead in Thailand hotel want to find mystery woman

Operation Grange now consists of three police officers and one staff member working part-time. DC Mark Draycott, part of the team, told the trial of convicted rapist Christian Brueckner that he had received a call from a man called Helge Busching who had identified Brueckner as a suspect in the Madeleine McCann case, reports the Mirror.

Brueckner was freed after completing a prison sentence in his native Germany last September for raping an American woman, then 72, in Portugal in 2005. He continues to be a prime suspect in Madeleine’s disappearance, though he has never faced charges relating to it.

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Meanwhile, in January Kate and Gerry McCann posted a poignant statement expressing their hope that the New Year would deliver “the breakthrough we long for”. Writing on the Official Find Madeleine Campaign Facebook page, the couple stated: “As 2025 draws to a close, we wanted to take the opportunity to thank everyone who has supported us, in whatever way, over the past year and for continuing to hope for positive news of Madeleine.”

The McCanns expressed gratitude to the public and police for their ongoing support during the investigation, concluding their message with: “With our best wishes for a peaceful and positive new year and may 2026 bring us the breakthrough we long for. Kate, Gerry and family.”

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