Ralph Hamers earned around 3.8 million euros as CEO at Swiss asset manager UBS in his first four months as CEO. This is evident from the bank’s annual report. Almost three million of this is a bonus, the rest consists of salary and pension, among other things. The amount is a multiple of his annual…
At Action, according to its own words, the agreements are also taking a storm. The retail chain maintains a ten-minute time slot for shopping plus five minutes for checkout. “That spare time ensures that customers don’t feel rushed,” said a spokesman. At each time slot, the Action starts an audio tape with music, while a…
Politicians intend to only build windmills and solar parks on the land if there is also support for this from local residents. The election programs of the various parties show that a majority wants to prevent them from being constructed against the will of the citizens. But how do you get local residents on board?…
The Tax and Customs Administration apologizes for the disruption surrounding the tax return and gives people extra time to file a return. The deadline has been moved from May 1 to May 8. Anyone who wants a quick report from the Tax Authorities about the final assessment must submit a declaration no later than April…
A majority in the House of Representatives wants there to be no nuclear power plant in Groningen for the time being. Today, CDA and D66 are submitting a motion stating that no power plant may be built in Groningen without support. The SP, GroenLinks and PvdA, which will probably support the motion, would prefer to…
The corona crisis is mainly costing young workers aged 15 to 25 with flexible employment their job. At the end of 2020, there were 60,000 fewer than the same period the year before, according to figures from Statistics Netherlands. The number of young people with a permanent job decreased by 3000. The growth in the…
Another problem for the ex-partners is that they are not rid of their creditors. ‘Normal’ victims in the benefits affair no longer have to repay government debts and are given a cooling-off period of one year, but ex-partners cannot make use of this. They only fall under the cooling-off period until May 1, which applies…
To help tenants with a tight wallet, it is better to increase social assistance instead of lowering rents. Budget institute Nibud advises this after research. Hundreds of thousands of households with a rented house struggle to pay all the costs every month. Previous research by Nibud showed that in 2018 this involved some 800,000 households,…
The French banking supervisor has imposed a fine of 3 million euros on the French branch of ING. The bank did not have the control mechanisms for combating money laundering and terrorist financing in order, according to documents from the Autorité de contrôle prudentiel et de résolution (ACPR). The ACPR started the investigation into ING…
A number of MEPs have started a petition to pressure the European Commission to take action against personalized advertisements. Last year, parliament already asked the Commission to consider a total ban on this. But according to the Commission, this is going too far, which would rather see other measures that protect privacy. A ban would…