It’s been a good week for the pound with recent positive news re: trade deals with India and the US being supported by better-than-expected Q1 GDP data seen yesterday.
EU finance ministers have reached a significant agreement on a new approach to Value Added Tax (VAT) focusing on e-commerce imports and the taxation of distance sales of imported goods.
The EU Commission has presented a major package of measures targeting the administrative burden, controls, implementation, crisis response and investment needs of the farming sector.
The Commission is investing over €7.3 billion through its Horizon Europe programme to strengthen Europe’s research and innovation engine and enhance competitiveness.
The EU Commission is looking to create a safer online environment for children with the launch of a public consultation on draft guidelines for the protection of minors online under the Digital Services Act.
Around 292,000 tonnes of pesticides were sold in the EU in 2023, marking a 9 per cent decline compared to 2022 and an 18 per cent drop compared to 2021.
Revised EU rules for the energy consumption of electrical appliances in standby, off mode, and networked standby started to apply from 9 May 2025.