Finance

A RECENT report suggests that although prices have increased, it is still much cheaper to live in Spain than in the United Kingdom. Naturally there are regional differences in both…
ALTHOUGH at one time the Mango fashion chain was pushing Inditex (owner of Zara and other high street names) for financial dominance but recently it has been in the doldrums.…
SPANIARDS tend to remain at home until the age of 29 according to a new report from the European Eurostat barometer. This is one of the older ends of the…
THE chief of a Spanish anti-corruption group is to stand trial for extortion. Miguel Bernad, founder of Manos Limpias (Clean Hands), and Luis Pineda, who set up Ausbanc, a legal…
NETFLIX has revealed it is establishing its first European content production hub in Spain. The United States-based video entertainment platform said in a statement the new production centre will be…
THE Spanish government and Junta de Andalucia have pledged to investigate plans by Naturgy – formerly Gas Natural Fenosa – to extract gas near Doñana National Park. Jose Fiscal, environment…
TWO of the world’s biggest car hire firms have sparked outrage amid accusations they charge Britons more than other nationalities. It comes after a probe by consumer group A Spokesman…
MIDDLE EASTERN broadcaster Al Jazeera Media Network’s beIN Sports channel is to cease broadcasting in Spain from August 1. The move follows Spanish rival Telefonica’s acquisition of the rights to…
SAUDI ARABIAN MILITARY INDUSTRIES (SAMI) has signed a deal to build five warships with Spain’s Navantia. The two state-owned firms will set up the joint venture - part of a…
A THREE-DAY strike by Amazon warehouse employees in Madrid has descended into violence. Timed to coincide with the e-commerce giant’s Prime Day summer promotion, the industrial action saw police in…
SPANISH Prime Minister Pedro Sanchez has said he is unable to reveal whether the country’s ex-king received a tax amnesty six years ago. It comes after a recording of German…
PROFITS at the low-cost Irish airline, Ryanair, have nose-dived 20% to €319million in the first quarter of their 2018/9 financial year. Lower fares, the absence of half of Easter in…
ALMOST half of Spain’s electricity was generated from renewable energy sources over the first six months of 2018. Wind, hydro and solar power together accounted for 45.8 per cent of…
BUSINESS and finance magazine Euromoney has named Spain’s Santander as the best bank in Western Europe in its prestigious annual awards. Editor Clive Horwood said: “[Santander] is already one of…
The Plot “[Life] is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it.” These prophetic words…
SPAIN’S parliament has passed its long-delayed 2018 budget. It leaves the new minority Socialist government led by Pedro Sanchez able to start work on next year’s accounts after months of…
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