Chancellor told: EU’s £7bn bombshell cripples our investments

Creative Media NewsSunday, 17 March 2024, 15:381

In a letter to the Chancellor this week, city administrators demanded that he eliminate absurd European Union regulations that harm savers.Sir Douglas Flint, one of the most esteemed personalities in finance and chairman of investment firm Abrdn, is among the over 130 money managers who have signed the letter to Jeremy Hunt.

EU investigates AliExpress for illicit online goods

Creative Media NewsFriday, 15 March 2024, 10:540

The European Commission has initiated a formal investigation into the Chinese e-commerce platform AliExpress in response to allegations of illicit and explicit material being hosted on the site.The European Union's executive arm announced on Thursday that it would conduct an investigation into the e-commerce behemoth by the Digital Services Act (DSA), which mandates that platforms enforce greater measures against harmful and illicit products.

EU, US support outgoing Dutch PM Mark Rutte as NATO chief

Creative Media NewsFriday, 23 February 2024, 4:000

Outgoing Dutch Prime Minister Mark Rutte has been endorsed by key NATO allies—the US, UK, France, and Germany—for the role of NATO's secretary-general during a pivotal time related to the Ukraine conflict. Rutte, having previously ruled himself out, now considers the opportunity "very interesting" and enjoys broad support from 16 other NATO members, although he may face resistance from Turkey and Hungary. His candidacy aligns with the alliance's needs for unity and strength, as consensus is required for leadership appointments within the 31-member group.

EU proposes ambitious 2040 climate aim, light on farming

Creative Media NewsWednesday, 7 February 2024, 12:590

EU proposes ambitious 2040 climate aim, light on farming

EU will talk to Ukraine and Moldova on membership

Creative Media NewsFriday, 15 December 2023, 8:000

EU will talk to Ukraine and Moldova on membership

The EU warns of a “huge risk” of Christmas attacks

Creative Media NewsWednesday, 6 December 2023, 12:000

The EU warns of a "huge risk" of Christmas attacks

Ukraine war: EU sanctions ban Russian diamonds

Creative Media NewsThursday, 16 November 2023, 18:000

Ukraine war: EU sanctions ban Russian diamonds

EU agrees to tax energy businesses’ windfall profits

Creative Media NewsSaturday, 1 October 2022, 2:000

The European Union has agreed to adopt emergency measures to tax the record earnings of energy companies. Ministers have agreed to impose windfall taxes on certain energy businesses and mandate electricity consumption reduction. The idea includes a tax on the excess profits of fossil fuel companies and a tax on the excess revenues generated by...

NICE rejects ketamine nasal spray for depression after EU approves £1,000-a-week medicine.

Creative Media NewsTuesday, 20 September 2022, 6:000

A dispute has erupted between NHS budget watchdogs and leading mental health physicians over the authorization of a controversial antidepressant containing ketamine. The European Medicines Agency approved Spravato, a nasal spray also known as esketamine, in December 2019 as a rapid-acting treatment for depression patients who had not reacted to at least two other conventional...

In response to the Ukraine conflict, the EU will reduce peak electricity consumption by 5%.

Creative Media NewsThursday, 15 September 2022, 10:000

Ursula von der Leyen, the head of the EU, has called for a reduction in electricity use across the bloc and the imposition of windfall taxes on energy companies to combat excessive prices. She informed the European Parliament that after Russia’s invasion of Ukraine, gas, and energy prices had reached all-time highs. She advocated a...

French complaint to the EU regarding the United Kingdom’s trash discharges.

Creative Media NewsThursday, 25 August 2022, 10:000

Three European parliamentarians assert that by allowing raw sewage to be thrown in the English Channel and the North Sea, the United Kingdom endangers the health and marine life of the French coast. After severe rainfall forced sewage overflow to be redirected into rivers and the sea, nearly 50 beaches in England and Wales have...

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Sinn Fein’s leader blames Boris Johnson for involving Northern Ireland as a ‘pawn’ in discussions with EU

Creative Media NewsMonday, 16 May 2022, 13:060

Sinn Fein holds a larger part in Stormont yet can’t frame a chief on account of a line with the second-greatest party, the Democratic Unionist Party (DUP). President Mary Lou McDonald said the British government is assisting the DUP with impeding Sinn Fein’s on the whole correct to shape a leader following their political race...

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