LG on verge of saving Nissan’s doomed Barcelona factory
WORKERS at the doomed Nissan factory in Barcelona are waiting to see if their jobs have been saved by LG. The Korean giant is considering
Lloyds becomes latest bank to strip European expats of British current accounts – but Spanish customers remain in the dark
FEARS are mounting that Lloyds Bank could follow Barclay’s lead and close the bank accounts of the thousands of Brits who live in Spain. Lloyds
OD Hotels in Spain’s Ibiza and Mallorca hits high note this summer despite ongoing COVID-19 crisis
The OD hotel chain, which has three hotels in Ibiza and one in Mallorca, managed to achieve an occupancy rate of nearly 75% in the
Rise in numbers of Spanish entrepreneurs setting up businesses during Covid – but female businesses are still outnumbered by men
PLUCKY young entrepreneurs are refusing to let COVID-19 stop them from a profit. Encouraging figures released by the Association of Statistics of Commercial Companies shows
Clearer rules to reduce risk for DLT companies in Gibraltar introduced
GIBRALTAR is bringing in new rules for Distributed Ledger Technology companies wishing to set up shop on the Rock.
Is Spain still the investment haven despite the Corona pandemic?
According to Worldometer, as of April 2nd, Spain had 104,118 coronavirus positive cases with the second highest death toll in the world. The coronavirus pandemic
Barclays to cancel all expat credit cards because of Brexit
BARCLAYS is set to abandon its expat customers on November 16 by terminating the accounts of anyone without a residential address in the UK. Because
Rate of new business creation remains unchanged on last year in Spain’s Andalucia despite COVID-19 crisis
According to the figures, the number of new businesses registered on the commercial register have matched the same period in 2019
The OKEx Crypto Exchange Review
Founded in 2017, OKEx is a cryptocurrency exchange that allows users to buy, sell, or trade an assortment of digital assets. It is part of
30,000 businesses in Spain’s Balearic Islands at risk of disappearing due to COVID-19 crisis
Fundacion Impulsa has estimated that more than 30,000 businesses in the region will close permanently by the end of next year
Tax avoidance or tax evasion – don’t get them confused!
THE complexity of tax should not be overlooked and becomes even more of a challenge when you live overseas. Often the accountants we use here
Spain’s ERTE furlough scheme set to be extended as talks in Mallorca continue between government and unions
NEGOTIATIONS on extending Spain’s ERTE furlough scheme resume tomorrow (Monday September 9). A meeting in Palma (Mallorca) between government and trade union representatives ended without
Caixabank and Bankia merging to become Spain’s largest financial entity
Details of the negotiations are being kept firmly under wraps but both giants have confirmed that talks are underway
Spain’s Balearic Islands announces BIGGEST fall in GDP in region’s history
In the second quarter of 2020, that is, during the months of April, May and June, the Balearic GDP fell by a whopping 40.5%
Supermarket sweep: Carrefour buy out Spanish food retailers Supersol
FRENCH supermarket group Carrefour has agreed to buy the Supersol food retailing chain. They will pay Maxima – the chain’s present Lithuanian owners – €78
What’s the problem with my UK financial adviser if I live in Spain?
By Tracy Storer Senior Partner, Chorus Financial IT’S certainly taken a few years, and perhaps Brexit has been a catalyst, but we are receiving more
Brits across Europe ‘financially fearful’ of no-deal Brexit
The majority of the estimated 1.8 million Britons living in the European Union are ‘increasingly financially fearful – and rightly so’ over the rising risk
Spain’s tourism industry suffers loss of €8.2 billion since COVID-19 outbreak
SPAIN’S tourism is the second worst hit in the world due to the COVID-19 pandemic, according to new research. The only country to have suffered
1.35 million jobs lost in Spain during coronavirus pandemic
AROUND 1.35 million jobs have been lost in Spain since the start of the coronavirus pandemic. Of this number, 1,074,000 were lost in the second
DATA REVOLUTION: How the pharmaceutical industry is being transformed
THE availability of data has completely transformed the traditional pharmaceutical industry with the most significant impact in drug discovery, clinical trials and patient outreach. However,
Stainless steel food storage options for your commercial kitchen
When it comes to arranging space in the commercial busy kitchens, stainless steel is the best and most desirable category of equipment, tools, and appliances
Hotels across Spain’s Mallorca offer unprecedented discounts of up to 50% to avoid closing this month
In an attempt to increase their capacity, reported in some to be as low as 30%, hoteliers are now introducing unprecedented discounts this month
DEAR JENNIFER: What kind of cover do I actually get with an insurance policy?
All the world is experiencing a very frightening time due to this dreadful virus that is circulating everywhere. Until a vaccine has been developed, we
Grim outlook on Spain’s road to economic recovery from coronavirus crisis
SPAIN’S economy is in danger of lagging behind the main advanced economies in Europe in recovering from the coronavirus crisis. According to the Organisation for
Why are so many Brits in Spain putting their trust in Chorus during 2020?
Just a few years ago Chorus Financial was a relatively unknown firm with less than 100 clients. Now we sit amongst the most respected firms
One in three restaurants in Spain’s Mallorca will permanently close this year due to COVID-19 crisis
Significant loss of profits are attributed to the lack of visitors on the island, as well as a commitment to employees on a six-month contract