The exiled billionaire was apprehended at his residence, a source told the news agency Officers from the UK’s National Crime Agency (NCA) arrested “a wealthy Russian businessman” at his home in London, the agency announced on Saturday. The raid was carried out by a task force set up specifically to target Russian-linked suspects.

Real wages across the world dropped in 2022 for the first time since the global financial crash as the worsening cost-of-living crisis threatens to spark social unrest and deepen inequality, the United Nations labor agency warned earlier this week.

Over half of teachers in England say the number of students ineligible for free school lunches and unable to afford a meal is increasing, according to research published by the educational charity Sutton Trust on Friday.