Business & Finance

Why did the Minister of Finance refuse to lower the VAT on electricity in January after prices reached an...

IT has been an expensive start to the year for taxpayers in Spain. The combination of the coronavirus pandemic and storm Filomela, which blanketed...

Death of the Tax Return: UK tax is going digital

IF, like us, you’re obsessed with keeping up with the latest news and regulatory changes from HMRC, you’ll know all about Making Tax Digital...

Así es cómo ha evolucionado el mercado de e-commerce en la época de la pandemia

Según varias fuentes el crecimiento de las ventas online en los últimos ocho meses ha notado un crecimiento de hasta un 400% en algunas...

Cut-price clothing retailer opens headquarters in Valencia with 400 shops planned to challenge Primark in Spain

A Polish-owned budget clothes retailer is to open 400 stores in Spain to challenge the likes of Primark. Pepco has 2,100 shops across 13 European...

DEAR JENNIFER: What do the Brexit changes mean for expats in Spain?

For years now, we have heard the word Brexit mentioned many, many times. Often, when I spoke to people about Brexit and the possible changes...

Cryptocrooks: Spanish police bust tax haven Bitcoin fraudsters

A RECENT huge rise in the value of cryptocurrencies has seen a parallel rise in scammers. Spanish police have moved in on a ring of...

What a relief: Spain’s government considers debt relief for businesses hit by pandemic restrictions

THE Spanish government is considering debt relief measures to help companies weather the coronavirus pandemic storm. Last year, aid was focused on furlough schemes and...

UNDER PRESSURE: Spain’s first high-pressure hydrogen refuelling station set up to prove viability of the green technology

SPAIN’s first high-pressure hydrogen refuelling station has been set up. With a supply capacity of 700 bar pressure, the new station is part of a...

Banks in Spain continue to shed jobs and close branches

THE six main Spanish banks have shed 2,176 jobs and closed 1,188 offices so far during the coronavirus pandemic - with worse to come...

Investors Beware: Stay on the right side of change!

Change is happening all around us, nothing stands still for long. It would’ve been incredibly hard to plan ahead for 2020, instead we had...

Covid crisis funding from Valencian government for city heavily populated with Brits is €684,000

ROJALES Council is getting a €684,000 grant from Valencia to help firms that suffered through the pandemic.This includes Ciudad Quesada, the Costa Blanca town...

Andalucia lost €9.6 BILLION in foreign tourist spending in 2020 as British visitor numbers to Spain plummeted by 82%

SPENDING by foreign tourists in Andalucia plummeted by at least €9.6 billion in 2020, new figures have revealed.  The most populous region, which includes the...

How To Use Digital Marketing In Building A Local Community’s Marketplace Up

There is a massive trend that’s been brewing over the past decade. It’s the way people interact with and consume products. Part of the...

THE SILVER LINING: Company in Valencia’s Castellon becomes main producer in Spain of FFP2 facemasks

THE COVID pandemic and its resultant financial crisis are triggering a profound transformation of the manufacture and industry sectors throughout Spain. At the height of...

Pedro Sanchez announces €11 billion investment as part of Spain Digital Agenda 2025

SPAIN’S Prime Minister, Pedro Sanchez, is pumping €11 billion into helping the country go digital.  Unveiled on January 27 at the Moncloa Palace, Madrid, the...

Cutting dairy: Job losses ahead for 137 Pascual workers in Spain

OVER 130 jobs are at risk as Spanish brand Pascual becomes the latest business to restructure its workforce following the coronavirus crisis.  Redundancy plans are...

Spain’s youth unemployment highest in Europe according to Eurostat study

SPAIN'S youth face an uphill battle to join the employment ladder as new figures show that the country has the highest unemployment rate in...

Brits will race to return to Spain following vaccine predicts Ryanair boss Michael O’Leary

BRITS will be rushing to Spain this summer as the vaccination rollout boosts confidence in international travel again, according to Ryanair boss Michael O'Leary. The...

Topshop stores won’t be saved despite Asos stepping in to rescue Arcadia brands

ONLINE fashion retailer Asos has bought the Topshop, Topman and Miss Selfridge brands from Sir Philip Green’s failed Arcadia Group for £295 million. The deal which will...

Spain’s 4-day working week a step closer as Government backs left-wing scheme in return for EU backing

SPAIN is one step closer to implementing a four-day week as it approves plans to help combat the financial impact of the COVID-19 pandemic....

Douglas perfume chain in Spain to close 103 shops as online sales rise

DOUGLAS Perfumes are to shut 103 stores across Spain which will see up to 600 people lose their jobs. The company says that the move...

Big online sales rise for Spanish delivery ‘app’ leads to new Valencia area base

ON-DEMAND Spanish delivery app, Glovo, is looking to expand its 'dark stores' in Spain and across Europe. The pandemic has given a boost to on-line...

Marina d’Or in trouble

The company’s most recent public audit in 2018 revealed a deficit of €111 million

Spain unlikely to receive foreign tourists en masse until end of summer in dire news for tourism bosses following...

SPANISH tourism bosses have warned of ‘ruin’ after Prime Minister Pedro Sanchez said international travellers would be unlikely to return until the end of...

SHINE ON ME: Tax cuts announced for fitting solar panels on houses in Valencia city

In addition, property owners who fit the panels will also be able to apply for grants covering 95% of the so-called ‘Icio’ tax, payable upon installing solar power systems.

BA and Spain’s Iberia owner agrees cut price deal in Air Europa take over

LEADING Spanish airline Iberia, on behalf of its owner International Airlines Group (IAG) has agreed a takeover of struggling rival Air Europa. IAG completed...

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Benidorm and Costa Blanca’s leading hotel body slams ‘contagious tourismophobia’ of Spain’s Valencian Government

THE Costa Blanca's largest hotel lobby group has attacked the Valencian government position that Easter domestic tourism will be 'written off' for the second-year...