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Top StoriesDenmark Agrees Corporate Carbon Tax – Government
Top StoriesFrench Parties Brush Off Macron Appeal to Unblock Parliament
Top Stories4most Wins Government Funding to Develop Green Lending Proposition for SMEs
Top StoriesBulgarian Government Faces No-Confidence Vote and Political Turmoil
UK to Bring in New Bill of Rights After Migrant Deportation Defeat
Date: June 22, 2022
LONDON (Reuters) – Britain will begin legislating on Wednesday for a new Bill of Rights to give the government the power to ignore rulings from the European Court of Human Rights (ECHR), which last week blocked ministers’ plans to send migrants to Rwanda. Last Tuesday, the ECHR issued last minute injunctions to prevent a handful...
Spain Readies New Tax on Electric Utilities’ Profits
Date: June 21, 2022
MADRID (Reuters) -The Spanish government is readying a new tax on electricity utilities’ profits, which have been boosted by energy prices, Budget Minister Maria Jesus Montero said on Tuesday. “Since profits of electric utilities have been exorbitant, from the government’s point of view, we want to be able to ask them for a higher contribution,”...
Iveco to Make Low Emissions Buses in Italy
Date: June 20, 2022
MILAN (Reuters) – Truckmaker Iveco Group said on Monday it planned to restart bus production in Italy after more than a decade, taking advantage of funds from the EU-funded Recovery Plan to develop a fleet of low emission public transport vehicles. The group, which separated at the beginning of this year from former parent CNH...
Midlands Accountants Say Tax Reliefs Can Help With Spiralling Costs of Living
Date: June 15, 2022
By Claire Lea, Director, Head of Advisory TaxDirector, Head of Advisory Tax, Prime Accountants Group A leading Midlands accountancy firm has shed some light on tax reliefs that businesses and individuals could make use of in light of the chancellor Rishi Sunak’s announcement last Thursday (May 26). Claire Lea, director at Prime Accountants Group, which...
Exclusive – U.S. Targets Russia With Tech to Evade Censorship of Ukraine News
Date: June 15, 2022
By James Pearson and Christopher Bing LONDON/WASHINGTON (Reuters) – The U.S. government has pushed new, increased funding into three technology companies since the start of the Ukraine conflict to help Russians sidestep censors and access Western media, according to five people familiar with the situation. The financing effort is focused on three firms that build...
Germany Boosts Energy Security With $10 Billion Gazprom Germania Plan
Date: June 14, 2022
BERLIN (Reuters) -Germany will put Gazprom Germania, the energy business abandoned by Russia’s Gazprom in April, under long-term administration and back it with a loan of around 10 billion euros ($10.4 billion) to help bolster the security of Europe’s energy supplies. The energy trading, storage and transmission business, which Gazprom ditched following Russia’s invasion of...