Business & Finance

BAILED OUT: Valencian government announces €340 million aid package for self-employed workers and businesses

THE Valencian regional government has announced a €340 million bailout plan for small businesses and self-employed workers to help mitigate the disastrous economic effects...

THE FUTURE IS ORANGE: Valencian citrus farmers finally on the money ‘thanks’ to COVID

Valencian orange and lemon producers saw their income go up at last

Spanish tech giant MediaMarkt purchases 17 failing Worten stores

LEADING technology and electrical retailer MediaMarkt has signed an agreement to acquire 17 failing Worten stores as their Portuguese rival records another year of...

Valencia region leads industrial recovery in Spain

THE Valencia region is spearheading the gradual recovery of industry in Spain following the COVID-inflicted crash. Led by the energy sector, the Valencian Community registered...

Bershka, Pull & Bear and Stradivarius pull China stores, possible effects in Spain

SPANISH clothing giants Bershka, Pull & Bear and Stradivarius have announced they are closing their stores in China in a shock move that could...

Valencian government to pass new law regulating holiday lets

The decree is aimed at regulating the tourism accommodation market and weeding out illegal practices.

Schengen EU deal could ‘unlock wealth’ of Gibraltar, business group claims

The Schengen agreement will help Gibraltar and the entire Campo area get much wealthier, according to the Rock’s Chamber of Commerce.

Spain’s Balearic Islands registers highest number of unemployed people since 2009

This is also the highest number of people registered in the social security system as unemployed since the 2009 financial crisis

Business is “BIG” on Spain’s Costa Blanca after radio station reports surge in advertisers

COSTA BLANCA business is booming, according to a radio station that has just added another broadcast to its services after a surge in clients. Despite...

More than 80% of bars and restaurants in Spain’s Mallorca close under tougher COVID-19 restrictions

That’s the stark figure made by the Association of Small to Medium Sized Businesses after surveying how many of its members would remain open under the tougher new measures

Teleworking? Make sure you check the tax implications of working remotely In Valencia

REMOTE working has increased considerably during the COVID-19 crisis.   Aided by new technology, it is presented as a good way to reduce the costs of...

The end of a year to remember (or forget)!

I’m not sure any of us could’ve expected 2020 to pan out quite the way it did. As we entered the year, I’m sure...

The 7 financial steps to take for a fresh start to life in Spain for 2021

I always like to write an article at the end of each year to give people some financial tips to help them prepare for...

British Airways permanently cancels 13 flight routes from summer 2021

BRITISH Airways has permanently cancelled 13 flight routes from summer 2021. “We are sorry that, like other airlines, due to the current coronavirus pandemic...

More than half of bars and restaurants in Spain’s Mallorca expected to close under Level 4 of COVID-19 restrictions

"If these new measures do not yield any positive results, the government will have lost all of its credibility", said the Confederation of Business Associations in an open statement

Caixa Bank merger with Bankia will produce 200% returns according to financial experts in Spain

THE merger between CaixaBank and Bankia will generate a return on investment of 200%, according to estimates by Alvarez & Marsal. When the two...

DEAR JENNIFER: The best choice of insurance in Spain

Who is Jennifer Cunningham and how can she help you? I CAME to Spain in the 1990’s and I celebrated the  25th Anniversary of  my...

MONEY MATTERS: UK ISAs and bonds in Spain

With Tracy Storer, Senior Partner, Chorus Financial  This week we received the following question from Mrs Sandra W. from Altea. Dear Tracy, I am in the process...

British bar owners furious and ‘saddened’ at new COVID-19 measures in Spain’s Andalucia as dozens of businesses on Costa...

While shops will be able to open until 9pm from this Saturday, the hospitality industry will still be forced to close at 6pm

Spain’s economy worst exposed to Brexit disaster financial experts warn

SPAIN'S economy is the most vulnerable to Brexit-born financial disaster, research from the Bank of Spain has found. While experts have said that impact...

Nearly one in five Spaniards struggles to pay the bills because of COVID-19

SPAIN has been struck so hard by the coronavirus pandemic that for 19% of Spaniards it is difficult just to pay the rent or...

Shop locally and ‘responsibly’ this Christmas, pleads Spain’s Andalucia

THE Junta de Andalucia has pleaded for people to shop locally and ‘responsibly’ this Christmas.  The General Directorate of Consumption urged the public to ‘buy...

How to support your remote working teams as COVID restrictions continue

As the winter months begin to draw in, much of the world is facing a tough and worrying winter. Across Europe, Covid cases are...

Top maritime equipment maker plumps for expansion on Spain’s Costa Blanca

ONE of the world's biggest nautical electronics firms will move its global marketing and digital transformation base to the Costa Blanca. Norwegian-based Navico already has...

Spanish Compliant Investment Bonds, QROPs, SIPPs – do you really know what they’re costing you?

John (I’ve changed his name for the sake of this article) wanted a second opinion on an investment plan he had set up when...

HUAWEI SVP Catherine Chen at Web Summit 2020: We need more women leaders in the digital era

Huawei Corporate Senior Vice President and Director of the Board Catherine Chen delivered a speech at the Web Summit 2020 today. Mrs. Chen...

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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...