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Top StoriesUK to Scrap Royal Navy Ships, Retire Helicopters to Save $633 Million
Top StoriesGreece Will Set up Fund to Decarbonise Its Islands
Top StoriesUK Borrows Higher-Than-Expected 17.4 Billion Pounds in October
BusinessNissan Motor Urges UK to Ease Ev Targets Amid Weak Demand
Italian Health Workers Strike Over Pay, Under-Investment
Date: November 20, 2024
ROME (Reuters) – Thousands of Italian doctors and nurses stayed at home on Wednesday to protest over their pay and conditions in the latest sign of malaise in the country’s struggling health sector. Unions representing health workers say funds in the government’s 2025 budget are insufficient for necessary hiring and salary increases as Italy, like...
Spain Considering Support for Potential Sidenor Bid for Talgo
Date: November 20, 2024
MADRID (Reuters) -The Spanish government is considering financial support for the partial or total purchase of train manufacturer Talgo by Basque steel maker Sidenor, Transport Minister Oscar Puente said. “We are here to help Talgo on its path of seeking more industrial capacity and a new shareholder composition, which will also give it stability in...
Thousands of British Farmers Protest Against ‘tractor Tax’ on Inheritance
Date: November 19, 2024
By Sarah Young LONDON (Reuters) -Thousands of farmers protested at Britain’s parliament on Tuesday, some driving tractors through central London, to demand the scrapping of an inheritance tax that they say will destroy family farms and threaten food production. The measure, dubbed the tractor tax by critics and announced in the new government’s budget last...
Ukraine Passes 2025 Budget With Record Defence Spending
Date: November 19, 2024
By Olena Harmash KYIV (Reuters) -Ukraine’s parliament approved the 2025 state budget in the final reading on Tuesday, channelling more funds for Kyiv’s defence efforts as Russia’s full-scale invasion reached its 1,000th day. Ukraine plans to spend 2.2 trillion hryvnias ($53.7 billion), or about 26% of its gross domestic product, on defence and security next...
Explainer-France’s Barnier Likely to Ram Through Budget Bill as Talks Stall
Date: November 19, 2024
PARIS (Reuters) – France’s 2025 belt-tightening budget heads to the Senate next week, but few doubt the government will soon be obliged to bypass lawmakers with a risky constitutional measure that rams the legislation through parliament. With French public finances increasingly out of control, the 2025 budget bill seeks to squeeze 60 billion euros in...
Fragile Majority in Spanish Parliament Approves Additional Tax on Large Companies
Date: November 19, 2024
MADRID (Reuters) – A fragile majority in the Spanish lower house’s budget committee late on Monday approved an additional new tax on large companies with revenues exceeding 750 million euros ($790 million). The tax on big companies headquartered in Spain or large companies based abroad but operating in Spain will be in addition to existing...