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Freeze mortgage rates, says Spain’s labour minister after BBVA posts record profits

SPAIN’S deputy prime minister and labour minister, Yolanda Diaz, on Wednesday called on the banking sector to freeze mortgage interest rates and curb its...

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 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...

Spanish supermarket giant Mercadona criticises panic-buyers and hoarders following sunflower oil clampdown

MAJOR Spanish supermarket chain Mercadona has appealed to customers to stop panic-buying and hoarding. Reporting a €47 million fall in profits last year, Mercadona president,...

Spain’s CaixaBank promises better services for older customers despite branch closures

SPAIN'S CaixaBank has pledged new and improved services for older customers despite a wave of over 1,500 branch closures in the wake of its...

Mercadona supermarkets in Spain to pay staff an inflation-matching wage increase

THE Mercadona supermarket chain is set to give its entire workforce a 5% pay rise on January 1. Spain's biggest private company is the first...

Sabadell Bank in Spain boosts profits thanks to TSB subsidiary plus massive job cuts and branch closures

SABADELL Bank profits have leapt up by 82.4% between January and September compared to the same period last year. Spain's four-largest bank has recorded a...

Spain’s Mercadona supermarkets announce 17% profit rise despite spending €200 million on COVID safety measures

SUPERMARKET chain Mercadona has announced profits of €727 million for 2020, a 17% rise on the previous year. The Valencian-based national retailer unveiled the figure...

Profits up at fashion retailer Zara

Parent company Inditex has announced profits for every month of the year so far

Ryanair profits surge after ‘rare events’ boost budget airline

The budget carrier's half-yearly profits were boosted to €1.1billion

Zara owners’ profits surge by over 25% as Spanish jobs boosted

The company recorded net profits of €1.17bn between February and July, up 26% on the same period last year

British Airways/Iberia merger sees skyward profits

IAG's chief executive discusses the companies' plans for the future

Banco Santander reports 90% profit increase

A drop in bad loans, and a boost in emerging markets, steered Santander to profit surge
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Zara profits slow in bid for global expansion

Inditex profits grow just 1% in nine months to October




Spanish priest is removed from his Costa Blanca parish for calling Pope Francis a ‘heretic’

THE bishop of the Orihuela-Alicante diocese has suspended San Isidro's parish priest for branding Pope Francis a 'heretic'. Bishop Jose Ignacio Munilla took the tough...


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