Results tagged “EU”

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The future of 850 workers at two Silvertown factories may be decided in Dublin on Sunday when Europe's agriculture ministers meet to decide sugar policy.

They are expected to cave into pressure to continue protecting the European industry at the expense of importers from beyond the EU such as Tate & Lyle's Thames refinery.

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London MEPs have called on the EU to relax its rules on sugar imports to safeguard thousands of skilled jobs, including those at Tate & Lyle's Silvertown operations.

Conservative MEP Marina Yannakoudakis has led the charge against the union's preferential treatment towards imports from developing countries.

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1. Water isn't very wet

Following a three-year investigation the EU has concluded that water does not hydrate. Producers of bottled water are now forbidden by law from making the claim that water can prevent dehydration.

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Boris Johnson announced this morning the Thames Cable Car linking North Greenwich with Royal Docks would be rebranded Emirates Air Line as part of a sponsorship deal.

The Mayor of London said the link could open next summer but refused to guarantee the £59million project would be ready in time for the Olympics.

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New EU rules came into force this month designed to limit the size of bankers' bonuses. Extra remuneration in Europe will be capped, with at least half paid in shares or contingent capital.

Also, in a bid to stop what is perceived as rewards for reckless short-term risk, up to 60 per cent of the bonus will be deferred for at least three years.

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