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U.K. Commissioner Calls for Completion of EU Banking Union
November 05, 2014
In a recent statement, the European Commissioner from the U.K. Jonathan Hill praised the establishment of the European Central Bank as the Single Supervisor of the EU banking union and encouraged the completion of the union through a Single Resolution Mechanism for banks.
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U.K. Tribunal: EU Directive Mandates Higher Holiday Pay
November 05, 2014
The British Employment Appeal Tribunal has found that the EU Working Time Directive, as implemented by the U.K. Government, requires businesses to take into account overtime in holiday pay, potentially exposing companies to a large number of claims of back pay.
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EU Demands Extra Contribution from U.K.
October 29, 2014
Due to the growth of the British economy relative to other European countries, the EU has announced the assessment of an additional contribution of 2.1 billion euros, due by December, on the U.K. Government.
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FRA Seeks Recognition of EU Charter as "Living Instrument"
October 29, 2014
The EU Agency for Fundamental Rights ("FRA") recently held an event in Rome seeking to increase the impact of the EU Charter of Fundamental Rights on European law by interpreting the Charter as a "living instrument."
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Open Europe: U.K. Should Drop EU Energy Targets
October 29, 2014
A new paper from think tank Open Europe concludes that the costs of the EU's targets on renewable energy result in disproportionate harm of British businesses and argues that the U.K. should seek to avoid these targets, either through negotiation with the EU or by withdrawing from them unilaterally.
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