Author: staff
With the resignation of Keir Starmer, the UK is set to have its seventh prime minister in 10 years. This is a far cry from a country that was once touted for its ability to produce stable and long-lasting governments compared to other European nations, due to its first-past-the-post voting system, the principle of parliamentary sovereignty and its evolutionary tradition of governance. Since 2016, the political turmoil and polarisation that followed the Brexit referendum, frequent scandals in the previous right-wing Conservative government, and an ailing economy have meant that not a single British prime minister has managed to survive a…
Personal income tax and social security systems differ significantly across Europe, and so does the overall burden on workers’ pay. What matters most to workers, however, is how much of their salary they actually take home after taxes and compulsory deductions. To show this, Euronews Business used Eurostat data to calculate net annual earnings as a share of gross pay, producing a take-home ratio. From this, it calculated the share of gross earnings going to taxes and other deductions. In a few cases, the result is negative, meaning workers take home more than their gross earnings, due to family allowances…
Published on 29/06/2026 – 8:00 GMT+2•Updated 8:07 It’s not just the scenery that makes a trip memorable – for many travellers, it’s the people they meet along the way. New research has found that almost half of Europeans believe travel is the most effective way to start new personal relationships, as time away from daily routines leaves people feeling more open to new experiences – and new connections. The study, by travel platform WeRoad, collected information from 5,000 individuals in Spain, Italy, France, Germany, and the United Kingdom. According to the data, 45% said they think travel is the best…
Published on 29/06/2026 – 10:58 GMT+2 It’s bad, it’s bad, it’s really really bad… But it’s breaking all the records. Antoine Fuqua’s Michael Jackson biopic has become the highest-grossing biopic in cinema history, grossing $977.4m worldwide and overtaking Christopher Nolan’s Oscar-winning Oppenheimer. Oppenheimer grossed $975.8m worldwide, according to Box Office Mojo, and went on to win seven Academy Awards, including Best Picture, Best Director, Best Actor and Best Supporting Actor. Earlier this month, Michael overtook Bohemian Rhapsody as the top-grossing music biopic. Now in its 10th week in cinemas, the $1bn mark seems all but inevitable. Released in April 2026,…
Market liquidity needs to be restored. With the current EU ETS parameters, the supply of CO2 allowances on the primary market will end around 2040. The Market Stability Reserve (MSR) will be empty by that time and will not be able to mitigate supply constraints, which will probably occur due to economic recovery after the end of the war in Ukraine, the increase in EU defence capabilities and insufficient supply of decarbonized gases to replace natural gas. Therefore, to prevent a market squeeze, the EU ETS revision should, in the first place, substantially reform the MSR parameters. The already presented…
In the middle of a complicated transatlantic dialogue, the United States celebrated its 250th anniversary of independence in Brussels’ Parc du Cinquantenaire on Sunday, located right next to EU institutions. Nearly 10,000 guests enjoyed a full day of activities and performances that concluded with a drone and fireworks display. Many US military personnel based in the Belgian capital were also in attendance. Named “250 Years of Independence: Building Our Future Together,” the lavish celebration included various “American activities” such as baseball, a mechanical bull and line dancing. The festivities also featured music and a ceremonial flyover. The US Ambassador to…
By Euronews Published on 29/06/2026 – 9:46 GMT+2•Updated 10:03 At least one person has been killed and another seriously wounded in a shooting at a popular entertainment area in California that has been the site of a World Cup “fan zone,” police said. There were no football matches being screened at the time of the shooting on Sunday. “One victim was pronounced deceased on scene. The second victim was transported to a local hospital with life-threatening injuries,” the San Jose police department said in a post on X. “This incident is being investigated as a homicide. Several surrounding streets are closed…
Published on 29/06/2026 – 9:58 GMT+2•Updated 10:09 The week is off to a difficult start for train travellers in Spain. Renfe has been forced to cancel a total of 320 services this Monday 29 June due to the strike called by the Railway Union (SF), a stoppage that comes just as many workers begin their summer holidays. Despite the strike call, the minimum services set by the Ministry of Transport will ensure much of the operation goes ahead. On High-Speed and Long-Distance routes, 262 trains will run, equivalent to 73% of normal capacity. On Medium-Distance services, 420 trains will be…
Barring any last-minute surprises, Andy Burnham will become prime minister three weeks today. But what is his 10-year mission for the country and how will he achieve it? In his first major speech in Manchester, Burnham will set out his plans for the economy, welfare and devolution with a pledge to deliver “good growth in every postcode”. Sam Coates and Anne McElvoy examine whether his promise of the biggest transfer of power out of Whitehall in modern times amounts to a genuine political reset. Back in London, the battle for future cabinet jobs is already under way and Anne reveals…
Published on 29/06/2026 – 8:01 GMT+2 On today’s show: Osama Rizvi, founder of Rizvi Insights, assesses the latest developments in US-Iran relations after both sides agreed to resume talks in Qatar, examining the risks to regional stability, diplomacy and global energy markets. Euronews’ Stefan Grobe looks at Donald Trump’s latest tariff threat against Europe and reports from the US Independence Day celebrations in Brussels, where politics and transatlantic relations took centre stage. Carlo Buontempo, Director of the Copernicus Climate Change Service, explains why Europe’s deadly early summer heatwave is breaking records and what governments can do to better prepare for…