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
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 organisations
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
British bar owners furious and ‘saddened’ at new COVID-19 measures in Spain’s Andalucia as dozens of businesses on Costa del Sol ‘on last legs’
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 of
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 mortgage.
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 now
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 he
HUAWEI SVP Catherine Chen at Web Summit 2020: We need more women leaders in the digital era
[Lisbon – December 3rd, 2020] Huawei Corporate Senior Vice President and Director of the Board Catherine Chen delivered a speech at the Web Summit 2020
Huawei’s Liang Hua: Open Innovation and Collaboration Powers the Digital Era
[Lisbon, Portugal, December 2nd, 2020] Today at Web Summit 2020 in Lisbon, Liang Hua, Chairman at Huawei delivered a keynote speech presenting his views on
More than 33,000 people in extreme poverty in Spain’s Balearic Islands due to COVID-19 crisis
The bleak findings were made by the Balearic Social Observatory in collaboration with CaixaBank and the Department of Social Affairs