Author: Euronews

Thames Water could potentially be nationalised, as the company sinks deeper into debt and investors describe it as “uninvestable”. ADVERTISEMENTThe future of Thames Water is looking uncertain after shareholders refused to honour a £500 million (€585 million) lifeline payment due for payment by 31 March. There are growing concerns the water company could end up requiring a government bailout of billions of pounds.Kemble Water, the company’s owner, has revealed that, without the expected cash, it will not be able to pay its existing debt payments, nor a £190m (€222 million) loan maturing on 30 April.Thames Water CEO Chris Weston has reassured…

A hike in the minimum wage puts the country among the few in Europe where the minimum wage surpasses €2,000, as high taxes bite. ADVERTISEMENTThe Belgian minimum wage will increase from 1 April, reaching €2,029.88 per month. The €35,70 rise puts the country among the top five EU member states, among the 22 countries of the bloc, where the minimum wage surpasses €2,000, according to Eurostat.A further increase is planned for 2026, with this same amount.Trade unions said that this raise will affect 80,000 people with low income.As a tax employment bonus will also increase from 1 April, workers will have…

The judge said the sentence reflected “that there is a risk that this man will be in a position to do something very bad in the future. And it’s not a trivial risk at all.” Source link

Most of the respondents of an exclusive poll for Euronews by IPSOS say support to Ukraine should continue. But they are in two minds about whether it should be a priority for the next mandate. Source link

Women often remain unaware of pay discrimination in their work, due to companies being able to keep salaries a secret. Pay transparency would fix this, Prof Roland Erne writes. Source link

The UK slid into a technical recession at the end of 2023 because of increased inflation and soaring interest rates. Source link

EU Liberals leader Valérie Hayer reasserted her centrist party’s unwavering support to Ukraine during a two-day visit to the war-torn country, as security takes centre stage in the campaign for June’s European elections. Source link

The highest amount went to Swiss bank UBS’ CEO Sergio Ermotti, who has overseen the government-brokered rescue of Credit Suisse. Source link

The most famous crypto provided a return of almost 5,000% over the last decade. ADVERTISEMENTLondon’s property market has proved to be one of the best bets for investment over the past 10 years, with a yield of more than 44%, according to a recent market analysis by British estate agency Foxtons.The estate agent analysed the performance of the UK capital’s residential property market against nine other popular investment options, including Bitcoin and the FTSE 100. It found that only two investment assets have delivered higher returns on investment over the past decade. It is hard to beat the breathtaking 4,963% yield Bitcoin has seen…

Ursula von der Leyen is seeking a second term as head of the European Commission. What has her current five-year stint meant for the economy? Source link