Friday, August 14, 2020

65,000 hospitality businesses to collapse in Spain this year with turnover plummeting by €67 BILLION due to coronavirus crisis

COVID-19 lockdown and a plummet in tourism numbers have already seen 40,000 hospitality businesses close their doors

Andalucia’s driving schools are cheapest in Spain

Learning to drive in San Sebastian costs three times as much as it does in Sevilla and even twice the going rate in capital Madrid

Yellow Elephant hotel falls victim to recession

Unusual ‘shareholder’ hotel purchase, involving pop band Belle & Sebastian, finally falls victim to the recession

Second ever international film festival coming to Marbella

Marbella actress and filmmaker Mari Cielo Pajare will present the awards

Bike sales rise 5% in Spain before the Vuelta a Espana

Economy shifts gear as Spaniards get on their bikes

British pensioner taking a punt in Spain

Enterprising Trevor Dine, 81, has just opened a casino in San Roque

IFA provides further boost to Spanish job market

The deVere Group, the world’s largest independent financial advisory firm, has launched its latest recruitment drive

Malaga diesel prices plunge to five-year low

A Ronda service station is selling diesel for under one euro per litre

‘BAD NEWS’: Andalucia minister reacts to Boris Johnson victory after experts warn Spain’s southernmost region could lose €1.1 BILLION...

The region is particularly vulnerable to the economic shock of a disorderly UK exit as Britain accounts for €4.5 billion worth of investments annually

Profits up at fashion retailer Zara

Parent company Inditex has announced profits for every month of the year so far

Beware Marbella, Estepona is the new hotspot on the Costa del Sol

FOR decades Estepona lived in the shadow of its rich, glamorous neighbour Marbella, but now things are changing. Marbella is still very much in...

World’s biggest airport company hits the market this autumn

Spain's Aena Aeropuertos company, owner of Luton Airport, is worth billions in Europe's biggest trade this year

Real Capital Solutions unveils development plans

The American private equity fund arrived in 2013 with a clear vision of what it wanted to achieve

You wouldn’t sell it to your mother! The problem of rogue IFAs in Spain

As the EU investigates ways of helping expat victims report unregistered financial advisors, James Bryce swims with the financial sharks to look at the problem of rogue IFAs operating in Spain

The banks are to blame

Lawyer Antonio Flores looks at why property buyers are the last in line to get their money back when things go wrong

Brits shun Spain for Middle East holiday rivals after Spanish hotels push up prices

BRITISH holidaymakers are looking east this summer after Spanish hotel bosses put up their prices to cash in on the recent surge in demand.      Thomas...

Marbella boiler room mis sold €6 million of loans to British buyers

SLMF did not have any regulatory approval to legally raise funds from the public when it was selling equity release mortgages between 2004 and 2007, a court rules

British firm’s plans for new shopping centre rocked by Malaga airport

Aviation authorities have scuppered plans from a brand new shopping centre in Malaga

RAJOY: Spain’s economy would add 500,000 jobs and grow a third faster if Catalunya returned to ‘normality’

PRIME Minister Mariano Rajoy has said 500,000 jobs would be created if the Catalunya region returns to 'normality'. He added that the country's economy would...

Spain’s government plans to invest €150 billion in public funding as part of coronavirus recovery effort

THE Spanish government has announced that it intends to invest €150 billion as part of the coronavirus recovery effort.

Spain’s hybrid vehicle sales have increased by nearly 100% since 2016

In total, some 7,486 electric vehicles have been sold so far in 2017.

Nine men have been arrested following a number of robberies in Calvia

A GROUP of burglars have been rounded up for a string of Calvia robberies. The nine men were rounded up in raids last week following...

H&M launch of Spanish online store could be bad news for Zara

The Swedish brand's global campaign may give Zara execs the sweats

Spain’s SpaceX satellite launch in California delayed by four days

It is hoped the Starlink satellites will provide low-cost broadband on a global scale by a constellation of small satellites with limited service starting by 2020.

‘Best luxury all-inclusive resort in Spain’ coming to Costa del Sol with €150 million investment

A COSTA del Sol hotel is set to receive a €150 million makeover. The Princess hotel in Estepona will be turned into an all-inclusive luxury...
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