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Business & Finance

This is how much cash you should be keeping in your home – according to the Bank of Spain

THE Bank of Spain has revealed how much cash you should be keeping in your home. Although society is becoming more and more cashless, it never hurts to have some cash on

15 Apr, 2024 @ 13:12

Business & Finance·Lead·Other News

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IMF demands Spain build more houses to tackle its housing issues and blasts ‘surge in prices’ that ‘affect the vulnerable’

THE International Monetary Fund has called on Spain to build more homes in order to ease the housing crisis that is ‘affecting the vulnerable.’ Much of Spain, especially in the big cities

12 Apr, 2024 @ 16:00

Business & Finance·Lead

Food-flation in Spain: Cost of the average shopping basket has soared by 47% since Covid

Shoppers in Spanish supermarkets have had their wallets squeezed by nearly half since the Covid pandemic. A basic shopping basket is now 47% more expensive than when the virus struck four years

12 Apr, 2024 @ 15:25

Business & Finance·Lead

How is the crypto landscape shaping up in Spain?

Crypto is known for its volatility. The market dealing in digital currencies has experienced a series of highs and dramatic lows in recent years. There was the reality check that came in

5 Apr, 2024 @ 15:41

Business & Finance·Gaming·Other News

What Is a Blockchain in Crypto? Understanding Its Impact and Evolution

Cryptocurrency has reshaped the way we think about online money transfers. At their core lies the blockchain, a decentralized ledger powering currencies like Bitcoin and Ethereum. This decentralized system serves as an

3 Apr, 2024 @ 07:14

Business & Finance·Gaming·Other News

Everyone’s a VIP at WL Costa Properties

Q Can you update me on the Real estate market at this present time? The Real estate market on the Costa del Sol is very good with so many nationalities buying into

2 Apr, 2024 @ 08:33

Andalucia·Business & Finance·Other News·Property·Sponsored

Meet the experts on insuring expats in Spain

NowCompare.es, the gateway for expats seeking comprehensive and affordable health insurance in Spain, stands out with its latest initiative. As the expat community navigates the dynamic landscape of living abroad, NowCompare.es introduces

25 Mar, 2024 @ 14:37

Business & Finance·Other News·Sponsored

Spain blocks US-based company Worldcoin from scanning people’s irises in exchange for cryptocurrency

SPAIN’S Data Protection Agency (AEPD) has temporarily blocked a US-based firm called Worldcoin from its activities, after it emerged that the company has been scanning people’s irises in high resolution in exchange

7 Mar, 2024 @ 11:58

Business & Finance·Lead·Other News

Bars and restaurants in Spain could be forced to close earlier: Plans suggested by the deputy PM spark outrage

A POTENTIAL plan to force bars and restaurants to close earlier across Spain have sparked a fierce backlash. It comes after the deputy PM and jobs minister Yolanda Diaz this week said

5 Mar, 2024 @ 13:24

Business & Finance·Lead·Other News

Spain’s clothing giant Inditex to make gradual return to Ukraine, after two-year closure caused by Russian invasion

SPANISH clothing giant Inditex, which is the parent group of brands such as Zara and Bershka, is to make its return to Ukraine after a two-year closure prompted by the Russian invasion.

1 Mar, 2024 @ 12:07

Business & Finance·Lead·Other News

Aldi to open a new store in this British expat hotspot on Spain’s Costa del Sol next month

A NEW Aldi store is arriving to a British expat hotspot on the Costa del Sol. It will be the budget supermarket’s 100th store in the region of Andalucia as it marches

28 Feb, 2024 @ 12:15

Business & Finance·Costa del Sol·Lead·Other News

What is the Beckham Law in Spain? How expats can make BIG savings on income tax

TAXES are complicated enough in your home country, but when you’re working abroad they can get even stickier. Fortunately, foreigners working in Spain can get huge tax savings through a law passed

25 Feb, 2024 @ 15:32

Business & Finance·EXPLAINER·Must Read·OP Money Tree·Other News

This is currently the best mortgage available in Spain, according to Idealista

THE major rise in the cost of living that residents of Spain have seen since Russia’s invasion of Ukraine has been exacerbated by a rise in interest rates in recent months, with

16 Feb, 2024 @ 11:32

Business & Finance·Lead·Other News

This expat hotspot on the Costa Blanca wants to become Spain’s first ‘crypto-friendly’ city – but what does that involve?

TORREVIEJA has unveiled plans to become Spain’s first cryptocurrency-friendly city. The Costa Blanca resort hopes to achieve that goal through an initiative launched by the local merchants association, Apymeco. The plan’s first

14 Feb, 2024 @ 10:20

Business & Finance·Costa Blanca·Economy·Lead·Other News·Torrevieja·Valencian Community

The Body Shop goes into administration with thousands of jobs at risk – but will its stores in Spain be affected?

THE Body Shop, that bastion of British body beauty, has announced it has entered into administration, casting a shadow of uncertainty over 2,000 jobs within its UK operations. The chain, which was

13 Feb, 2024 @ 16:30

Business & Finance·Lead·Other News

On the rise: Erotic toy start-up in Spain rakes in MILLIONS as customers splurge on their unique designs ahead of Valentine’s Day

A COMPANY making and distributing erotic toys on the Costa Blanca has become a major success story and is currently enjoying a boom period up to Valentine’s Day. Diversual in Sant Joan

11 Feb, 2024 @ 13:00

Alicante·Business & Finance·Costa Blanca·Lead·Other News·Valencian Community

EXCLUSIVE: Meet the textile factory challenging fast fashion in Spain and reviving Malaga’s ‘lost art’

FOR Juan Carlos Vera Garcia, business is part of his ‘DNA’. His father owned the first ever industrial bakery in Teba, a small town near Ronda, followed by a successful clothes shop.

11 Feb, 2024 @ 09:00

Andalucia·Business & Finance·La Cultura·Lead·Malaga·Other News

Apple and Amazon fined €194 million for iilegal collusion in Spain

Spain suspends fines for Amazon and Apple: Tech giants have more time to fight €194m sanctions

THE National Court has temporarily suspended massive fines given to Amazon and Apple by Spain’s competition watchdog- the CNMC- over collusion. The international giants will now be able to appeal against a

8 Feb, 2024 @ 17:00

Business & Finance·Lead·Other News

Live-in care: The preferred care option offering a personalised service

IT’S a difficult enough time when you realise an elderly parent or close relative needs care. Let alone arranging this when you live overseas. With a distance barrier, you need a reliable and

6 Feb, 2024 @ 13:28

Business & Finance·Health·Other News·Sponsored

Banco Santander ordered to pay banker €68 million just months after big staff cuts and branch closures in Spain

Santander bank plummets by 5% on Spain’s stock exchange amid reports it was used by Iran to avoid international sanctions

SPAIN’S largest bank, Banco Santander, saw 5% of its value wiped off in the Spanish stock market on Monday, after the Financial Times reported that Iran had used its accounts to avoid

5 Feb, 2024 @ 15:46

Business & Finance·Lead·Other News

H&M to close a QUARTER of its stores in Spain

FASHION retailer H&M has announced plans on Friday to close more than a quarter of its shops in Spain. The Swedish-owned business says up to 588 employees will lose their jobs. The

28 Jan, 2024 @ 10:15

Business & Finance·Economy·Lead·National News·Other News

Gibraltar tax crackdown: British territory to make insurance and blockchain businesses ‘contribute fairly to the nation’s wellbeing’

AN update in tax law will make sure insurance and DLT blockchain businesses based in Gibraltar ‘contribute fairly to the nation’s well-being’, the government said. With record high interest rates creating more

27 Jan, 2024 @ 08:14

Business & Finance·Gibraltar·Other News

Major Spanish hotel chain blasts Brexit for ‘forcing it to raise salaries’ as it struggles to find workers for its UK businesses

BREXIT might finally be seeing some green shoots as one of Mallorca’s flagship companies has had to raise wages for their workers in the UK. The CEO and son of the founder

24 Jan, 2024 @ 15:30

Balearic Islands·Business & Finance·Lead·Mallorca·Other News·Travel News

Thief on Spain's Costa Blanca on attempted murder charge after stabbing pedestrian over packet of cigarettes

Do you smoke in Spain? These are the new costs of cigarettes, tobacco and other products following a price surge last week

THE price of cigarettes in Spain is famously low, especially when compared to the whopping £15 (€17.55) that a smoker pays for a pack of 20 in the United Kingdom these days.

23 Jan, 2024 @ 11:17

Business & Finance·Lead·Other News

Top international retaller announces 50 new store openings in Spain this year|

Aldi is expanding across Spain: Budget supermarket announces 50 new store openings this year

GERMAN discount supermarket chain Aldi says it plans to open nearly 50 new stores in Spain this year. To back its expansion, the retailer will soon open a 40,000 m2 distribution centre

22 Jan, 2024 @ 13:15

Business & Finance·Lead·National News·Other News

Outrage as huge gym is forced to close in Spain’s Marbella: British expats are among members with items locked inside the building while many fear they will not have their pre-paid memberships reimbursed

STAFF and members of a huge gym in Marbella have been left concerned and outraged after the establishment suddenly closed its doors without warning, with many personal items still locked inside. The

21 Jan, 2024 @ 13:16

Andalucia·Business & Finance·Lead·Malaga·Marbella·Other News

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