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 Europe.
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. The
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 €106 BILLION in losses in 2020
SPANISH tourism bosses have warned of ‘ruin’ after Prime Minister Pedro Sanchez said international travellers would be unlikely to return until the end of summer.
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
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 the
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 of
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 losses.
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 spell
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
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 like
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 a
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 and
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