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Spain Offers to Pay Companies Testing a 4-day Work Week
Date: April 13, 2023
Spain offers to pay companies testing a 4-day work week By Belén Carreño MADRID (Reuters) – Spanish companies with fewer than 250 workers have one month to apply for a pilot government scheme to reduce their work week to four days with full pay, the leftist administration said on Thursday. The 9.6 million euro ($10.6...
In Renewed Push, Spain to Tender EU Funds for EVs, Batteries in July
Date: March 28, 2023
By Joan Faus BARCELONA (Reuters) – Spain plans to launch two tenders simultaneously around July to pick the recipients of 2 billion euros ($2.16 billion) of EU funds for electric vehicle (EV) and battery production it had failed to allocate last year, a senior government official said. Jose Maria Lopez, the commissioner in charge of...
New Tax Credit Scheme a Lifeline for British Biotech, Say Execs
Date: March 16, 2023
By Natalie Grover LONDON (Reuters) – Britain’s budget has offered a shot in the arm to research-intensive biotech and life-sciences sector, company executives said on Wednesday, as the government seeks to put the industry in the global vanguard. Finance minister Jeremy Hunt said if 40% or more of expenditure of small and medium-sized enterprises (SMEs)...
UK Gives BBC World Service 20 Million Pounds to Support English Language Broadcasting
Date: March 13, 2023
LONDON (Reuters) – Britain said on Monday it had awarded a one-off payment of 20 million pounds ($24.13 million) to the BBC World Service as part of its efforts to support English language broadcasting and counter disinformation. The money is being provided to protect all 42 World Service language services over the next two years,...
Scottish Finance Minister Kate Forbes to Run for Country’s Leadership
Date: February 20, 2023
LONDON (Reuters) -Scottish finance minister Kate Forbes said on Monday she would run in the leadership contest to replace Nicola Sturgeon as Scottish National Party (SNP) leader and Scotland’s first minister. Forbes, who was elected to the Scottish parliament in 2016 and became finance secretary in 2020, is the third candidate to enter the race...
Europe’s Spend on Energy Crisis Nears 800 Billion Euros
Date: February 13, 2023
By Kate Abnett BRUSSELS (Reuters) – European countries’ bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros, researchers said on Monday, urging countries to be more targeted in their spending to tackle the energy crisis. European Union countries have now earmarked or allocated 681 billion euros in...