Three new freelancers in four happy to have taken the plunge

Three new freelancers in four happy to have taken the plunge

Three freelancers in four are happy to have taken the plunge into the world of freelancing and would do it again, according to a poll completed by 1,000 new freelancers in 2018. The poll was done by the human resources service Acerta and the results were published on Sunday. The Acerta study shows that 75% of freelancers who were asked about their early experiences are happy with their choice. 75% would do it again without hesitation, while 53% thought they were sufficiently prepared beforehand. On the contrary, one in four…

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Belgian and British electricity grids get connected

Belgian and British electricity grids get connected

From now on the Belgian and the UK electricity grids are connected thanks to an undersea cable. The Nemo Link was inaugurated on Wednesday. Belgium’s electricity distribution network was already connected to that of our neighbours The Netherlands, France and Luxembourg and work is currently underway on an electricity interconnector that will link up our country’s electricity grid to that of Germany. The company responsible for Belgium’s high tension electricity distribution network Elia and the British National Grid have been working on the cable for the past 10 years. The…

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Lowest net salaries have risen the most as a result of the tax shift

Lowest net salaries have risen the most as a result of the tax shift

According to figures from the advice and audit bureau Deleoitte; those on the lowest salaries have seen their net earnings rise the most as a result of the Federal Government’s tax shift. Those with a gross salary of 25,000 euro have seen their net income increase by 3,000 euro/annum since the first of the tax shift measures started to take effect three years ago. These figures tally with predictions made by Deloitte in 2015 just after the Federal Government had announced its tax shift plans. However, the tax shift has…

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“People who slog it out day in day out want a wage rise”

“People who slog it out day in day out want a wage rise”

The socialist trade union has warmed Belgian workers that in the next two years there is hardly any scope for wage increases. ABVV blames Belgium’s increasingly high inflation figure that together with the index mechanism is making Belgian labour more expensive than in neighbouring countries. The union adds that such a situation is unacceptable and could lead to social unrest. In the next two months employers and unions will get together to decide how much scope there is for wages to rise in addition to the regular index rises that…

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New €474 million co-operation package for Afghanistan

New €474 million co-operation package for Afghanistan

The European Commission has today announced a financial package worth €474 million to support state building and public sector reforms, health, justice, and elections, as well as to address migration and displacement challenges in Afghanistan. Commissioner for International Cooperation and Development, Neven Mimica, made the announcement today at the Geneva Conference on Afghanistan, signing the financing agreements with the Afghan Minister of Finance Mohammad Humayon Qayoumi*. Commissioner Mimica said: “The EU stands side by side with Afghanistan and its people to build a stronger future for the country. The EU’s…

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Colruyt is the cheapest supermarket chain in Belgium

Colruyt is the cheapest supermarket chain in Belgium

According to the annual price survey of the consumer watchdog publication Test Achats/Test Aankoop, Colruyt has been found to be the cheapest supermarket in Belgium for the tenth year in a row. However, the difference with the Netherlands-based retailer, Albert Heijn, is very small. A shopping cart with branded, private label and unbranded products, vegetables and fruit is only 1 percent cheaper at Colruyt than its Dutch rival. Those who do not buy fruit and vegetables are better off at Albert Heijn. Discounters such as Aldi and Lidl are not…

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Volvo Cars defers project to build Lynk & Co cars in Ghent

Volvo Cars defers project to build Lynk & Co cars in Ghent

The Swedish automobile manufacturer Volvo Cars has deferred its plans to build, as of the end of next year, Chinese cars of the Lynk & Co brand (subsidiary) in Ghent, Belga learned Wednesday from the company. This project has been deferred due to increasing volatility on the Chinese market and growing macroeconomic insecurity. According to Volvo Cars, this decision will have no impact on employment in the Ghent plant. The Lynk & Co brand was launched in 2015 by Zhejiang Geely Holding, owner of Volvo Cars. Ghent is the location…

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Beer prices rise again in January

Beer prices rise again in January

The AB InBev brewing giant will slightly raise the price of most of its beers on 1 January. Supermarkets and the Horeca sector could make consumers cover this increase, Het Laatste Nieuws reports Saturday. “We often advise to do so, although this should not necessarily be done immediately,” Raf Peeters, from Horeca Vlaanderen Association, comments. According to him, the Alken-Maes Group might also review its prices upwards. AB InBev – which owns Stella Artois, Jupiler, Leffe, Hoegaarden, Belle-Vue and Corona, among others – evokes a “slight increase in prices.’’ A…

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Palace announces new suppliers for Royal Warrant

Palace announces new suppliers for Royal Warrant

The royal palace has made its annual announcement of official suppliers of goods and services to the royal household. Newcomers to the list, each of whom is allowed to use the phrase “certified court supplier to the King” to describe its business, cover a range of different businesses. They include wine and champagne merchant Vranken-Pommery, jeweller and watchmaker Cosyns, porcelain maker Caroline de Pierpont, and Queen Mathilde’s personal hairdressers, D&R Cambre. Perhaps the most surprising new addition is the DIY store Clabots, situated on the Quai des Industries alongside the…

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Tobacco giant shares burnt by menthol ban report

Tobacco giant shares burnt by menthol ban report

The FTSE 100 listed giant could take a major hit if the Food and Drug Administration takes action on menthol products. Rothmans and Lucky Strike owner British American Tobacco (BAT) has seen billions of pounds wiped off its market value after a report claimed US regulators are planning to ban menthol cigarettes. Shares in FTSE 100-listed BAT – valued at £76bn prior to Monday trading – fell by more than 10% on the report in the Wall Street Journal. Rival Imperial Brands, which is worth £26bn and whose brands include…

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