Search Results for: Irish

EUROPEAN accountants are looking to the negotiations for a free trade agreement between the USA and the European Union (EU) with the hope that it will make it easier for them to switch shores of the Atlantic to practice their profession.…

THE IRISH government has been threatened by legal action by the European Commission unless it reforms its taxation of ‘termination payments’ – lump sums paid to employees leaving a company. These are taxed at a lower rate for Ireland-based companies within a multinational group, than for group companies based elsewhere in the European Union (EU).…

THE EUROPEAN Union (EU) will have to make concessions on meat in its negotiations with the US for a Transatlantic Trade and Investment Partnership (TTIP), a senior European Commission official warned last night (Tuesday). John Clarke, director for international affairs at the European Commission’s directorate general (DG) for agriculture said: “We will have to reduce our tariffs in areas like meat.”…

THE EUROPEAN Commission has released official guidance on how to protect the environment when ‘fracking’ for shale gas. It has given European Union (EU) member states 18 months to follow its suggestions, saying it will “review the effectiveness” of this voluntary approach after this deadline.…

THE EUROPEAN Food Safety Authority (EFSA) has concluded that the sweetener aspartame is safe for human consumption at current recommended levels of consumption. Following a review of evidence provided both by animal and human studies, EFSA experts have ruled out a potential risk of aspartame causing damage to genes and inducing cancer for most consumers.…

BY ROBERT STOKES

THE UNITED Kingdom imports more than 50% of its demand for natural gas and this will exceed 85% by 2030 according to National Grid, which owns and operates Britain’s high pressure National Transmission System (NTS) for gas.…

THE UNITED Kingdom imports more than 50% of its demand for natural gas and this will exceed 85% by 2030 according to National Grid, which owns and operates Britain’s high pressure National Transmission System (NTS) for gas.

Increasing dependence on piped supplies from Norway and through interconnectors from continental Europe as well as imports of liquefied natural gas (LNG) are raising questions about the security of both supply and prices

As older nuclear plants and coal fired power stations close, the fact that large scale renewables take time to develop means gas will be needed more frequently to fire combined cycle gas turbine (CCGT) power stations to compensate, for example, for fluctuating output from offshore wind farms.…

NEW national origin labelling rules for pork, sheep, goat and poultry meat made in the European Union (EU) could reduce the trade in meat products between the 28 EU countries, EU senior meat industry figures have warned. In a joint statement, Jean-Luc Mériaux, secretary general of the European Livestock and Meat Trading Union (UECBV) and Detlef Stachetzki, manager at the German meat industry federation (VDF – Verband der Fleischwirtschaft) said: “The rule gives rise to the belief of EU citizens that products produced in their own country are better/safer/healthier/ than the products from other countries.”…

Northern Irish beef farmers have welcomed Singapore’s decision to allow UK beef imports an “excellent marketing opportunity for their quality grass fed Northern Irish beef”. The province’s beef and sheep business is one of Europe’s most dominant regional sectors, comparing its turnover to other local industries.…

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ASOS

Fashion retailer ASOS showed online convenience and price are still a winning combination with shoppers. The UK-based online retailer continued its impressive trajectory this year, announcing pre-tax profit had reached GBP54.7m (US$88.3m) for the year ending 31 August, compared to GBP40m in the same period of last year, with retail sales jumping 40% to GBP753.8m, up from GBP537.9m last year. …