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EU reaches South America trade deal after 25 years of talks
Posted onThe EU has reached a free trade agreement with Brazil, Argentina, Paraguay and Uruguay, 25 years after talks began and despite opposition from farmers in several European countries. The deal with the Mercosur trading bloc will require the approval of the European parliament within the next few months Brazil’s President Luiz Inacio Lula da Silva…
Jersey upfront childcare payments simplifies the system
Posted onBBC Deputy Rob Ward said the new childcare payments system provided “flexibility” for parents Jersey’s education minister has defended a new scheme that allows parents to claim back childcare costs for toddlers. From next month any parent regardless of income or working requirements will be able to apply to claim up to £6,270 per school…
Rachel Reeves unveils plan to cut red tape for business
Posted onChancellor Rachel Reeves has said she plans to scrap “needless form filling” in a bid to boost business growth. Speaking at a regional investment summit in Birmingham, the chancellor said the reforms would boost growth and “make the UK a top destination for global capital”. Ahead of the Budget next month, Reeves acknowledged that “for…
ECB holds interest rates at 2%
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has left its benchmark interest rate unchanged at 2 per cent for the fourth meeting in a row but raised its growth forecast for the Eurozone. Thursday’s rate decision was in…
