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As it happened: Stocks mixed as Trump warns takes ‘two to tango’ on Iran peace As it happened: Stocks mixed as Trump warns takes ‘two to tango’ on Iran peace Replace Reeves if Starmer goes, voters tell Labour Right to Buy has been a huge success, of course the left hates it Regional bond revolution risks making Britain more unequal and less prudent Labour may not agree with Blair, but the public does… The world can’t keep consuming more than it produces If performance matters more than privilege then prove it Wayve: London robotaxis will make passengers forget there’s no driver Mandelson Files add insult to injury, but the patient was already beyond saving Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion Pension master trusts join forces to tackle outdated transfer systems Iran ‘pulls out of talks with US’ and threatens to strike Israel Anthropic files for IPO as race with OpenAI heats up ‘Be more Trumpian’ – Mandelson discussed dire economy and ‘lack of verve’ with key Starmer ally Deloitte UK appoints first chief AI officer in drive for ‘AI-enabled’ services Private credit is crowded — but disciplined capital still knows where to look Squash players turn to social media to cash in on LA Olympic Games opportunities Interactive Brokers Integrates AI into Client Portfolios – Informed by Agentic Technology, Controlled by the Client WWEX Group and Auctane Complete Merger, Creating Leading Logistics Provider ShipStation Global Sadiq Khan: London tech boom can weather ‘dizzying’ AI risks New mixed gender trophy introduced for coming Hundred season Labour voters lead AI adoption as public remains split on impact North Highland Names Anthony Shaw Global Chief Executive Officer Vyond Appoints SaaS Industry Veteran Scott Ernst as Chief Executive Officer Winston Taylor Completes Historic Transatlantic Combination M&S chief’s pay slashed by £3m after cyberattack turmoil Inside Celonis, the German tech unicorn that won over a fifth of the FTSE 100 Stop and think before asking for a bigger salary Brits back Blair’s growth calls – yet are squeamish over welfare cuts Number of claims management firms halves after FCA clampdown Richard Desmond hit with £40m bill over ‘fanciful’ lottery feud Pub bosses warn tax hikes driving youth unemployment crisis UK manufacturing survives Iran war impact Labour sheds union member support to Reform, poll shows Private equity-backed Ryan triumphs in bidding for European tax adviser Svalner Atlas Wise shares plummet as money transfer firm faces fraud investigation KBRA Releases Research – European Fibre ABS: From Build-out to Securitisation Everbridge Expands Presence in Germany with New Munich Office Iran war triggers slump in selfies, ME Group warns Landlords rush to protect income over Renters’ Rights Act fears Ascensia Diabetes Care Expands CONTOUR® Portfolio with CONTOUR®COMFORT Pen Needles to Bring Greater Stability and Control to the Everyday Injection Experience Corient Completes Acquisitions of Stonehage Fleming and Stanhope Capital Group; Global Assets Surpass US$500 Billion Autobrains and Uber to Launch Agentic AI Robotaxi Program in Munich built on NVIDIA DRIVE Hyperion Easyjet fires back at ‘highly opportunistic timing’ as Castlelake weighs takeover bid House prices fall again as property market ‘deteriorates’ Exclusive: Roland Garros star and ATP chief in £450,000 tennis fund raise Milburn NEET review: Anger crackles from the page but will Labour act? 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Georgia PM
Steve Dinneen · 2026-06-24 · via City AM

 |  Updated: 

Georgia PM reacts passionately during press conference on Starmers sanction remarks, highlighting diplomatic tensions.
TIRANA, ALBANIA - MAY 16: Georgia's Prime Minister Irakli Kobakhidze arrives at the 6th European Political Community summit on May 16, 2025 at Skanderbeg Square in Tirana, Albania. The EPC brings together heads of state and government from the 27 European Union countries and 20 others. The items on today's agenda are security and democratic resilience, competitiveness and economic security, and mobility challenges and youth empowerment. (Photo by Armando Babani/Getty Images)

The Georgia’s Prime Minister has launched a bizarre attack on the UK government after City AM revealed that consumer giant P&G had axed its advertising with the country’s biggest media group – and Nestle may soon follow suit.

Prime Minister Irakli Kobakhidze described the decisions, which came in the wake of sanctions applied by the UK government in February, as “a shame for England, a shame for Britain [and] a shame for [Keir] Starmer personally, who was the most unpopular prime minister in the world”.

Responding to questions by Georgian journalists, Kobakhidze said: “This is a shame for Britain because Britain is traditionally considered the homeland of human rights and Britain decided to close down television in Georgia and attack free media in our country.”

City AM this week revealed Nestle has launched an internal investigation into its relations with Imedi while P&G made the decision to cut ties with the company altogether. Other global brands, including the commercial arm of the BBC, cut ties as soon as Imedi was listed as a sanctioned company by the Foreign Office.

Georgia has been rocked by waves of protest against the ruling Georgian Dream party, a populist government that has faced accusations of being pro-Russian and anti-democratic.

Protests began in 2024 over a new Putin-style law against so-called “foreign influence”, which was seen as an attack on free speech and European relations. Last year demonstrators attempted to storm the presidential palace, prompting Kobakhidze to apply to outlaw the three biggest opposition parties, Coalition for Change, United National Movement, and the Strong Georgia-Lelo. 

He has since indicated he may attempt to ban members of a new opposition alliance. Last week 10 opposition leaders were sentenced to between two and seven years each in prison over the Atoneli Palace incident. In a further deterioration in diplomatic relations, Kobakhidze last year accused the EU ambassador of supporting an “attempt to overthrow constitutional order”.

Bizarre outburst from PM

Kobakhidze claimed the withdrawal of P&G advertising and the possible loss of Nestle will not impact Imedi TV. 

He said: “We guarantee that neither Imedi TV nor Postv will have any problems in terms of functioning and that media freedom in Georgia will be fully protected, no matter what kind of attack we see from the British authorities on media freedom in Georgia.

“I promised you that there would be no problems with the media and media freedom in Georgia, and [we] kept that promise. We promise you exactly the same now that neither Imedi TV nor Postv will suffer any losses, and both TV companies will continue to operate smoothly and without any losses.”

A spokesman for Procter & Gamble said: “P&G follows the law in every market where we serve consumers, and we take a rigorous approach to sanctions compliance including our media purchasing practices. We have not breached the UK sanctions regime. However, we have voluntarily adjusted our approach and paused advertising from Imedi TV in Georgia.”

A Nestle spokesperson said: “We want to reassure you that Nestlé complies with all applicable laws and international sanctions, and this includes our activities in Georgia.”

A UK government spokesperson declined to comment.