Wednesday 23 October 2019

Tata Steel in IJmuiden may bear brunt of €830m cost-cutting measures

Tata Steel in IJmuiden may bear brunt of €830m cost-cutting measures

Hundreds of jobs may be lost at the Tata Steel plant in IJmuiden as part of the company’s plans to slash spending in Europe by €830m. The Dutch plant is the biggest in the company’s European operations and up to 2,500 jobs across the continent could be under threat, unions say. News of the cost cutting plan leaked out to local newspaper NH Nieuws on Monday and details are still sketchy. More clarity about where the jobs will go is... More >

Prosus launches hostile bit for Just Eat

Amsterdam listed tech investment fund Prosus has made a hostile takeover bid for British food delivery service Just Eat, which reached a deal earlier this year to merge with Dutch meal deliver Prosus is bidding 710 pence for the British delivery firm, a 20% premium on its Monday close of 594 pence. The Prosus offer, rejected by the Just Eat board, has been welcomed by Just Eat shareholders, and the share gained over 26% in Tuesday’s trading. The all... More >

Arrest after mother and baby found dead

A man has been arrested after a mother and baby were found dead in a flat in Diemen. The two bodies were discovered in the house on Martin Luther Kinglaan on Friday, AT5 reported. Police initially did not suspect foul play, but after carrying out further investigations they arrested the 48-year-old tenant of the apartment. The man has been detained for two weeks and is only allowed contact with his lawyer while inquiries continue. Several police vehicles have been parked... More >

Mayors reject racism claims against police

A group of mayors have dismissed claims by a former team leader in The Hague’s police force that the city’s division is riddled with racism and discrimination. Fatima Aboulouafa said she had been marginalised within the force and was eventually transferred to Leiden after she raised concerns about bullying and discrimination. Her complaints were cited by the United Nations’ special rapporteur on racism, Tendayi Achiume, in her latest progress report on the Netherlands last month. Opposition parties in The Hague,... More >

Dutch war memorial in US to be restored

The Netherlands Carillon memorial at Arlington war cemetery in the US is to fall silent for a year while the bells are sent home to be restored. The monument with its 50 bells was given to the United States by the Dutch government in 1954 in recognition of the Americans’ role in the Second World War. However, the steel tower has been closed to the public since 2016 because the structure is rusting. The US National Park Service has made... More >

Temp agency workers can't make ends meet

One in three people employed through a temporary employment agency needs a second job to keep their head above water financially and almost half find it difficult to make ends meet, according to a survey by the CNV trade union federation. Six in 10 of the 600 people interviewed said they would rather have a permanent job and 25% said they have to be available on a full time basis, even though they only work part time. Staffing agency workers... More >

Higher mortgages for dual income couples

Family spending institute Nibud is recommending that double income households be allowed to borrow more for a mortgage than they currently are. At the moment, banks only take 70% of the second salary into account when assessing how much couples can borrow but this should be put up to 80% next year, Nibud says in a new report. Nibud is also recommending banks give buyers a higher mortgage if they opt for an extremely energy efficient property or pledge to... More >

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