Business & Finance

4 Important Things To Know Before Trading With People Online

Online trading is a lucrative project to pursue if you have the right mindset, trading plan, and resources. Whether you intend to trade in...

Oil not be back: Last oil rig in Spain to close, ending 60 years of extraction in the country

By Nickacia forrester Petrochemical giant Repsol will stop extracting oil in Spain this month as it responds to new environmental laws. This decision puts an end...

Inditex fashion group reports international sales boom as it prepares to close 56 shops in Spain this summer

SPANISH-based fashion retailer, Inditex, is claiming that purchases are double the rate of what they were a year ago. In spite of that, the company...

WATCH THE METER: Spain’s new electricity bill sparks anger over 50% increase at peak times

SPAIN’S controversial new electricity bill came into effect on June 1, and the first official figures have just been published. According to statistics made public...

Good and bad news for Spain’s top department store El Corte Ingles

MAJOR Spanish department store chain, El Corte Ingles, says that spending is beginning to return to pre-pandemic levels, after they took a big financial...

MONEY, MONEY, MONEY: Spain’s Valencia region receives initial cash injection of €873 million from Next Generation EU

And this is just the beginning, as EU funding is due to continue arriving in the Valencia region over the next few weeks when projects are completed and approved by Brussels.

Landlord boom: EU enquiries for Buy-To-Let mortgages up 34%

SKIPTON INTERNATIONAL has enjoyed a rise in enquiries for its UK Buy-To-Let mortgages over the last year. The Guernsey-based bank saw a 34% increase in...

Zara sale is about to begin in Spain as social media user spills ‘secret’ start date

THE Zara sale is about to get started - social media user spill 'secret' start date BEFORE official reveal as shoppers gear up for...

Help is at hand: British expats in Spain struggling to navigate Brexit red tape

BRITISH expats in Spain are facing a great deal of Brexit-related red tape over their immigration status post-Brexit. They are being urged to leave the...

Zara to open its biggest ever shop in Madrid’s Plaza de España

THE clothes chain Zara has announced plans for a flagship store that promises to be the world’s biggest in the newly renovated Edificio España...

GET A JOB: Good news as Spain’s Castellon recovers pre-pandemic employment levels

EMPLOYMENT levels in Castellon Province have already returned to pre-pandemic levels. Social Security figures show that there are currently 212 workers paying into the system...

BBVA bank bosses in Spain offer to cut compulsory job losses after one-day strike

THE BBVA bank has reduced planned compulsory redundancies in a last-minute bid to strike a deal with the CCOO union. Formal talks are due to...

Courts in Spain flooded with cases following spike in cryptocurrency scams

SPANISH courts are overwhelmed with the number of cases related to the fake cryptocurrency schemes.  Following the recent price increase of cryptocurrencies, con artists have been taking...

Investment Alert! Are you invested in Momentum Harmony, Lombard Russell or Privee Select Funds?

Sam Kelly DipPFS, EFA, BA (Hons) Managing Partner Chorus Financial I’ve come across a number of clients in the above-mentioned funds. They are commonly used by certain...

Workers at Spain’s BBVA bank will strike next week over redundancy plans

EMPLOYEES at the BBVA bank, the second largest in Spain, are set to strike on June 2 in protest over planned job losses and...

WORRYING: Andalucia has third lowest average income per person in Spain, while northern Spain tops list

ANDALUCIA has the third lowest average yearly income per person in the whole of Spain according to official figures from the INE. A survey...

CLEANING UP: Spain set to spend €1.55 billion to kickstart clean hydrogen production

SPAIN is to splash €1.55 billion on clean hydrogen production in a bid to become European leader in the new technology. It has earmarked EU...

Part-time football club on the Costa Blanca becomes the first to be listed on Spain’s stock exchange

AN Alicante area football club will be the first in Spain to be listed on the national stock exchange. The news came after Sant Joan-based...

Workers take to the streets as Iconic Costa del Sol theme park not expected to reopen this summer

AFTER more than 50 years of providing thrills and laughter on Span's Costa del Sol, Tivoli World is not expected to reopen this summer...

Small victory on the cards for bars and restaurants across Spain’s Balearic Islands as government considers 11pm closing time

This week, key ministers met with local business unions to discuss easing the restrictions currently enforced on the sector

EROSKI supermarket chain benefits from last year’s pandemic lockdown in Spain

EROSKI supermarkets have seen a big pandemic boost of a 30% rise in operating income which hit €252 million last year. The company's sales rose...

CAMPO CALLING: Small towns and rural villages throughout Spain launch drive to attract new residents and entrepreneurs

Budding entrepreneurs looking to relocate somewhere calmer, less crowded and healthier can apply through the website www.holapueblo.com until June 11.

Over 50,000 businesses across Andalucia apply for emergency COVID-19 fund

OVER 50,000 businesses in Andalucia have applied for funding from emergency coronavirus funding.  The regional government confirmed that 53,796 requests were made for the COVID-19...

TIME TO SELL: Land prices double in Spain’s Valencia province due to surge in demand for holiday homes

THE price of land to build holiday homes in Valencia Province has doubled due to a spike in demand. Real estate analysts have revealed that...

ROYAL VISIT: King Felipe VI lands in Castellon to take part in yearly business conference

The reason for the royal visit was to take part in the yearly assembly of the Valencian Community Business Confederation, which King Felipe closed with a speech peppered with sentences in the Valencian language and references to the area.

Norwegian Airlines cuts 1,200 jobs and closes bases across Spain

TROUBLED low-cost carrier Norwegian Airlines has announced that it will cut 1,200 jobs across Spain in a European restructuring plan as it battles with...

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