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Spain’s telecoms giant Telefonica puts up prices for packages and mobile phones from New Year

SPAIN'S biggest telecoms provider Telefonica is putting up its prices from January 13, 2023. The firm is putting up tariffs for all of its Movistar...

Primark to spend €100 million on eight new stores and refurbishments in Spain

FASHION retailer Primark has announced €100 million plans to open eight new stores and refurbish existing outlets in Spain. 1,000 new employees will be added...

Spain cuts windfall tax grab on energy firms to win support of regional political parties

CONGRESS has approved a new windfall tax on excess profits made by energy firms but only after the government agreed to changes demanded by...

With new opening, Netflix’s biggest European studio is now in Spain

GLOBAL streaming giant Netflix on Tuesday unveiled its expanded studios in Madrid, which are now the biggest that the company counts on in the...

Amazon to open cloud computing unit in Spain’s Aragon region in €2.5 billion investment

AMAZON'S cloud computing division AWS(Amazon Web Services) has announced a €2.5 billion investment in Spain over the next decade. The firm said on Wednesday that...

Truck drivers group launch strike in Spain over inflation but disruption described as ‘minimal’

A group of mainly self-employed truck drivers and small haulage companies have gone on indefinite strike in Spain. The National Platform in Defence of Transport...

DEAR JENNIFER: Can you recommend a good travel insurance policy for British expats in Spain?

UNFORTUNATELY due to Brexit, the travel insurance company that we worked extremely well with for over 20 years is no longer able to offer...

EU money seals deal for Spain’s first electric car battery factory in Valencia

CAR maker SEAT has confirmed that it will site Spain's first electric car battery plant in the Valencia area. SEAT President, Wayne Griffiths reaffirmed the...

Spain’s Iberdrola announces €17 billion investment in renewables across Europe and USA

ENERGY giant Iberdrola will invest €47 billion in electricity networks, renewable energy production and customer businesses over the next two years. Around €17 billion of...

Spain’s clothes stores cutting back on big Black Friday bargains as purchases fall and costs rise

CLOTHES sales in Spain went up by 4.2% in October compared to a year earlier but that was close to half of September's rise. Fashion...

Spain will get two green fuel plants in massive deal with shipping company Maersk

DANISH shipping company Maersk will build two major green hydrogen production centres in Spain as it looks to decarbonise its fleet. The freight transporter has...

Spain’s airports say October will record return to pre-pandemic passenger numbers

SPAIN'S airport operator Aena expects October passenger numbers to return to 2019 levels- the first month back at pre-pandemic levels since early 2020. It says...

Utility giant Iberdrola reports profit fall of 14% in Spain

SPANISH energy provider Iberdola has reported a 29% rise in profits over the first nine months of 2022 compared to the same period last...

Spain launches probe into online portal Booking.com over exploiting hotels

SPAIN'S competition regulator, the CNMC, has launched a probe into whether internet portal, Booking.com, has exploited hotels in the country. The CNMC will investigate complaints...

Plans to slash public Christmas light displays to save energy opposed on Spain’s Costa Blanca

ALICANTE mayor, Luis Barcala, has rubbished a Valencian government proposal that all municipalities should turn off 20% of their public Christmas light displays later...

Investing for the future with 3B Investments

FINANCIAL planning at whatever stage of your life is really important and UK-based 3B Investments will look to guide you all the way. “It's all...

Splashing out: Record levels of investment as property sector in Spain booms

NEARLY €10 billion has been invested in Spanish property in the first half of the year - a new record. Real estate investment reached €9.87...

Alcampo supermarket chain buys 235 stores and warehouse from struggling DIA in Spain

FRENCH retailer Auchan says its Spanish subsidiary Alcampo will buy 235 supermarkets and a warehouse from the struggling DIA group Subject to clearances from competition...

Good news in Spain as unemployment falls below 3 million and GDP grows faster than expected

SPAIN'S unemployment figures have dropped below three million for the first time since 2008, according to the National Statistics Institute(INE). The INE said the total...

Spain announces details of new windfall tax on banks and fuel companies

SPAIN'S government has announced details of its new windfall tax on banks and fuel companies which aims to bring in €7 billion into state...

Two of Spain’s biggest phone and broadband operators sign merger deal

TWO of Spain's biggest telecoms operators Orange and MasMovil have signed a formal deal to merge their operations in the country. The agreement is worth...

Leading bank in Spain slams windfall tax plans as profits rise by nearly 11%

BANKINTER executives say plans for a windfall tax on banks in Spain to help fight cost of living rises could hit capital levels, hurt...

Richest man in Spain gets even wealthier as real estate assets soar

The investment arm of Spanish billionaire Amancio Ortega, founder and main shareholder of fashion group Inditex, has seen its real estate assets' market value...

Spain signs big green energy deal including new electric car battery factory

Spain has signed a major agreement with Chinese green energy company Envision Group to set up four projects. They include an electric car battery plant,...

Be Smart with your money: Get the best deal when you exchange currency

WITH something as important as your life savings or proceeds of a property sale at stake, getting expert advice from a financial services specialist...

High 10% inflation rate to continue for ‘rest of summer’ in Spain

THE Spanish economy will continue to be battered by a high inflation rate for the 'rest of summer' according to economy minister, Nadia Calvino. As...

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