Waspi campaigners have threatened legal action against the government unless it reconsiders its decision to reject compensation.

In December, the government said it would not be compensating millions of women born in the 1950s – known as Waspi women – who say they were not given sufficient warning of the state pension age for women being lifted from 60 to 65.

It was due to be phased in over 10 years from 2010, but in 2011 was sped up to be reached by 2018, then rose to the age of 66 in 2020.

A watchdog had recommended that compensation be paid to those affected, but Sir Keir Starmer said at the time that taxpayers could not afford what could have been a £10.5bn package.

On Monday, the Waspi campaign said it had sent a “letter before action” to the Department for Work and Pensions (DWP) warning the government of High Court proceedings if no action is taken.

Angela Madden, chair of Waspi (Women Against State Pension Inequality) campaign group, said members will not allow the DWP’s “gaslighting” of victims to go “unchallenged”.

She said: “The government has accepted that 1950s-born women are victims of maladministration, but it now says none of us suffered any injustice. We believe this is not only an outrage but legally wrong.

“We have been successful before and we are confident we will be again. But what would be better for everyone is if the Secretary of State (Liz Kendall) now saw sense and came to the table to sort out a compensation package.

“The alternative is continued defence of the indefensible but this time in front of a judge.”

The group has launched a £75,000 CrowdJustice campaign to fund legal action, and said the government has 14 days to respond before the case is filed.

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In the mid-1990s, the government passed a law to raise the retirement age for women over a 10-year period to make it equal to men.

The Conservative-Liberal Democrat coalition government in the early 2010s under David Cameron and Nick Clegg then sped up the timetable as part of its cost-cutting measures.

In 2011, a new Pensions Act was introduced that not only shortened the timetable to increase the women’s pension age to 65 by two years but also raised the overall pension age to 66 by October 2020 – saving the government around £30bn.

About 3.6 million women in the UK were affected – as many complained they weren’t appropriately notified of the changes and some only received letters about it 14 years after the legislation passed.

While in opposition, Rachel Reeves, now the chancellor, and Liz Kendall, now pensions secretary, were among several Labour MPs who supported the Waspi women’s campaign.

The now-Chancellor said in a 2016 debate that women affected by the increase in state pension age had been “done and injustice” and urged the government to “think again”.

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A government spokesperson said: “We accept the Ombudsman’s finding of maladministration and have apologised for there being a 28-month delay in writing to 1950s-born women.

“However, evidence showed only one in four people remember reading and receiving letters that they weren’t expecting and that by 2006, 90% of 1950s-born women knew that the state pension age was changing.

“Earlier letters wouldn’t have affected this. For these and other reasons, the government cannot justify paying for a £10.5 billion compensation scheme at the expense of the taxpayer.”

Russian oligarchs with links to the Kremlin can now be banned from the UK, the government has announced as part of a fresh sanctions package on the third anniversary of Vladimir Putin’s invasion of Ukraine.

The Home Office said “elites” linked to the Russian state can now be prevented from entering the UK under the new sanctions.

Those who could be banned include anyone who provides “significant support” to the Kremlin, those who owe their “significant status or wealth” to the Russian state, and those “who enjoy access to the highest levels” of the regime.

The announcement has been timed to coincide with the three-year anniversary of Russia’s invasion of Ukraine.

Another set of sanctions is expected from the Foreign Office on Monday.

Security minister Dan Jarvis said: “Border security is national security, and we will use all the tools at our disposal to protect our country against the threat from Russia.

“The measures announced today slam the door shut to the oligarchs who have enriched themselves at the expense of the Russian people whilst bankrolling this illegal and unjustifiable war.

“My message to Putin’s friends in Moscow is simple: you are not welcome in the UK.”

The UK government said Kremlin-linked elites can pose a “real and present danger to our way of life” as they denounce British values in public “while enjoying the benefits of the UK in private”.

It said they can act as “tools” for the Russian state to enable President Putin’s aggression in Ukraine and beyond.

Shortly after the war in Ukraine started on 24 February 2022, the UK imposed financial sanctions on oligarchs, including closing legal loopholes used to launder money.

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In November last year, Operation Destabilise, run by the National Crime Agency (NCA), successfully disrupted two billion-dollar Russian money laundering networks operating around the world, including in the UK which was a key hub.

They provided services to Russian oligarchs and were helping fund Kremlin espionage operations.

One of the key players was identified as Ekaterina Zhdanova who is alleged to have run a money laundering network called Smart. She was sanctioned by the US in November last year and is currently in French custody awaiting a trial.

A total of 84 arrests were made under Operation Destabilise in November and more than £20m in illicit funds seized.

The NCA has made a further six arrests since then and seized £1m more in case.

The networks also helped Russian clients to illegally bypass financial restrictions to invest money in the UK.

US officials have been in talks with their Russian counterparts in Saudi Arabia over the future of Ukraine for the past week.

However, neither Ukraine nor any European country was at the table, with Ukrainian President Volodymyr Zelenskyy saying he will not accept any peace deal Kyiv is not involved in.

Sir Keir Starmer has backed Mr Zelenskyy on that so all eyes will be on the prime minister when he visits Mr Trump in Washington DC this week.

Just Eat Takeaway.com has agreed a takeover by a Dutch-based technology investor which says it wants to create a “European champion” for food delivery.

Prosus, which already has a 28% stake in global rival Delivery Hero, said its all-cash offer valued Just Eat at €4.1bn (£3.4bn).

It represented €20.3 euros per share on the Amsterdam exchange – a 22% premium on the highest value of its stock over the past three months.

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Just Eat said the offer was unanimously supported by its management and board.

Europe’s biggest meal delivery firm also confirmed that its current leadership would remain in place under the agreement while it would continue to be based in Amsterdam.

It made the announcement alongside annual results that showed a 35% rise in pre-tax profits during 2024 to €460m (£382m).

Just Eat said the performance was driven by an improvement in its key UK and Ireland market, mainly due to lower costs of fulfilling orders and more efficient marketing.

Prosus said of its Just Eat plans: “Its success within the United Kingdom, Germany and The Netherlands, has led to profitable, cash generative operations, with considerable growth potential, which Prosus intends to build upon.

“As a leading global food delivery investor and operator, with a proven track record in successfully scaling ecommerce platforms, Prosus is well positioned to invest in and accelerate growth at Just Eat Takeaway.com to unlock value beyond its standalone potential as a listed business.

“Prosus’s highly effective growth strategy at iFood, in Brazil, provides a ready guide to transform Just Eat Takeaway.com’s growth path through renewed focus across tech, product features, demand generation, offer quality and service.”

Fabricio Bloisi, its chief executive, added: “Prosus already has an extensive food delivery portfolio outside of Europe and a proven track record of profitable growth through investment in our customer and driver experiences, restaurant partnerships, and world-class logistics, powered by innovation and AI.

“We believe that combining Prosus’s strong technical and investment capabilities with Just Eat Takeaway.com’s leading brand position in key European markets will create significant value for our customers, drivers, partners, and shareholders.”