Beer consumption reaches all-time high in Spain
BEER drinking reached a record-high in Spain in 2022 helped by hospitality recovering after the pandemic and larger number of tourists. Figures released by the
Bank of Spain improves its economic forecast for remainder of 2023
THE BANK OF SPAIN has raised its economic growth forecast for 2023 to 2.3% from 1.6% in March as activity picked up more than expected
Why have discretionary fund managers (dfm’s) and model portfolios (mps’s) produced negative returns in 2022?
If you have placed your pensions, savings and investments with a financial adviser there is a strong possibility you are invested in a model portfolio
Lidl doubles its logistics capacity in Spain’s Andalucia with huge new platform in Granada
LIDL intends to consolidate its position as an important economic driving force for Andalucia with the opening of a new large logistic center in Escuzar
Major retailer in Spain- El Corte Ingles Group- reports massive rise in net profits
SPAIN’S El Corte Ingles Group closed the 2022 financial year with global revenues of €15.3 billion- up 22.5% compared to the previous year with net
The wheel deal: No job is too big or small for Premier Bodyshops – from full car restorations to small scratches
FROM classic cars and exotic sports models to your daily driver and family runabout – Premier Bodyshops has you covered. Their team is dedicated to
Baleares is the Spanish region where people spend less money on clothesÂ
BALEARES is the Spanish region where less money is spent on clothes, according to textile business association ACOTEX. The study displays that on average, residents
How tech hubs and incubators are attracting startups and Generation Nomads to Spain
Madrid and Barcelona have long shared the spoils as Spain’s two major business hubs. The wider autonomous communities of Madrid and Catalonia are responsible for
What are the tax benefits of investing in a QNUPS?
A QNUPS (Qualifying Non-UK Pension Scheme) is an offshore unapproved pension arrangement which satisfies the definition of a pension scheme as set out in Section
Inflation falls in Spain in May, but remains stubbornly high for foodstuffs
INFLATION in Spain fell to 3.2% in May according to the country’s National Statistics Institute (INE), but the rate for foodstuffs remains stubbornly high at
Spain’s government to keep VAT reduction on essential foodstuffs in place
SPAIN’S economic affairs minister announced on Monday that the government would keep in place a current VAT reduction on essential foodstuffs, until prices have fallen
No slap needed: Australian airline Qantas describes new dress code as ‘fit for our times’Â
Flight attendants of a major Australian airline will no longer need to wear high heels or make-up. Qantas airline, which has flight connections with a
Elon Musk’s Tesla revealed as car maker interested in opening factory in Spain’s Valencia area
DISCUSSIONS are said to be an ‘advanced stage’ for Elon Musk’s electric car manufacturer Tesla to open a factory in the Valencia area. Both the
Multinational car manufacturer could seal massive deal for project in Spain’s Valencia area
TALKS are said to be an ‘advanced stage’ for an international car manufacturer to launch a project in the metropolitan area of Valencia. Reports from
Spain’s largest chain of beauty and perfume stores created by ‘friendly’ merger
BEAUTY AND PERFUME stores Druni and Arenal have announced an €870 million merger with both brands retained and no job losses expected. Druni is based
Spain’s soaring industrial output hit by unexpected slump in April, new data shows
SPAIN’S economic good times hit another bump in the road after preliminary data revealed an unexpected decline in the country’s industrial production for the month
Retailer Carrefour in Spain steps up solar panel installations at its stores
RETAILER Carrefour says it its planning to install 330,000 square metres of solar panels at 130 of its stores in Spain. Some 30 hypermarkets and
LEGAL EAGLE: More rights for tenants as new rules come into force for rentals in Spain
NEW rental laws have come into force, giving even more rights to tenants with the aim of adapting to our current economic climate.The recent changes
Full MARXA: MARXA Chiringuito holds its tasty inauguration party at SO/Sotogrande Spa & Golf ResortÂ
GIANT brochettes of beef, wild turbot and exquisite canapes marked the opening of one of the most exciting new restaurants in Sotogrande for years. Hundreds
Bendinat Veterinary Clinic celebrates its 20th anniversary
A GREAT party to celebrate Bendinat Veterinary Clinic’s 20th anniversary took place last weekend. Located in Calvia, near Palma, it was established in 2003 by
Ikea reinforces logistics in Spain’s Antequera with a €60 million investment
THE Swedish furniture and home decoration multinational, Ikea, is set to invest €60 million in its logistics centre in Antequera over the next 18 months.
Bouncing back: Spain’s tourism sector breaks 2019 records for hotel staysÂ
WITH COVID-19 restrictions now a distant memory, the tourism sector in Spain is enjoying a bumper 2023. According to figures from the National Statistics Institute
Costa Blanca start-up company in Spain creates world’s first bottle that purifies water with ozone
AN ALICANTE start-up company with a mix of scientists and entrepreneurs has created Ozeanic, the world’s first drinking bottle that purifies water with ozone. The
Ryanair asks tourists to pay an extra €45 to take their ensaimadas to the plane in Mallorca
RYANAIR told two tourists they needed to pay €45 for taking a box of Mallorca’s famous ensaimada inside the plane at Palma Airport. The airline
Mallorca Economic Forum frets about dangers of AI to society and democracy
THE Palau de Congressos de Palma hosted the seventh Economic Forum this week. A number of tech experts held forth on the challenges posed by
Spanish state received €300 million over 10 years from ‘forgotten’ bank accounts
THE SPANISH state has received around €300 million over a 10-year period from bank accounts or other assets such as shares that have been forgotten