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Monchique council looks for new business ideas while ignoring old ones

MonchiqueTownViewMonchique council has opened its cheque book for the second year running to hand out a €2,500 award for the most promising business idea.

The ‘Monchique Creative and Entrepreneurial’ idea competition will be judged by representatives of the council, the University of Algarve and the National Association of Young Entrepreneurs.

New Leroy Merlin store is on the IKEA 'Mar Shopping' site

leroymerlinThe new Leroy Merlin store announced on May 23rd (Click here) is one of two megastores that will form part of the IKEA Mar Shopping commercial complex near Loulé. The occupant of the second large store has not been announced.

Engineering and construction group DST has been building the Mar Shopping area next to the IKEA store and is constructing the two new megastores on the same site, one of which will be the Leroy Merlin store.

BA flights grounded worldwide due to total computer failure

baBritish Airways has been forced to cancel all its flights from Heathrow and Gatwick following a computer failure of epic proportion.

Every scheduled departure on Saturday until at least 6pm has been cancelled and the airline pleads with customers to stay away from the airports as they will just add to the chaos.

Sir Cliff Richard settles for 'substantial damages' with South Yorkshire police

CliffRichard2The 76-year-old singer Sir Cliff Richard decided to sue both the BBC and the South Yorkshire Police following reports that named him as a suspected sex offender.

Sir Cliff Richard has settled his dispute with the police, according to his lawyers and attention now will be focussed on seeing the BBC in court.

Coca-Cola to feature Albufeira in international campaign

teethBADCoca-Cola is to feature Albufeira on its products in an international campaign throughout the summer season.

The Algarve resort is but one of 30 international cities to have their names printed on bottles and cans of the sugar-filled soft drink.

O'Leary on Brexit air chaos - "we'll have to go on vacation in Scotland"

ryanair1Ryanair’s chief executive, Michael O'Leary, was in combative form again while predicting that Brexit will have "a chaotic effect on British aviation," warning British tourists about the possibility of the shutting down of all flights between the UK and EU destinations ‘for several months.’

According O'Leary at a press conference in Dublin, said British companies fly to the European Union thanks to the Open Skies agreement, which will be in doubt if the UK opts for a ‘hard Brexit.’

AL association slams government plan to allow 'neighbours to decide' on tourist rentals

oportoThe Local Accommodation Association of Portugal (ALEP) has slammed the new draft law, that empowers neighbours decide whether someone’s flat can be rented out to tourists.

ALEP says the proposal is "unconstitutional, unadjusted, reveals a great lack of knowledge, and if it is adopted, could lead to unemployment in Lisbon and Oporto alone of more than 10,000 people, thus putting into question the main income of more than 4,000 families."

Portugal's Income Tax Surcharge to be abolished in January 2018

portuguesehousePortugal's Finance Minister, Mário Centeno, said as from January next year, the income tax surcharge will be abolished.

In an interview on RTP3, the minister, recently dubbed the Ronaldo of Finance, stated, "In January 2018 no one will pay the IRS surcharge,” adding that there are a series of additional measures being worked on to ensure the lowest earners will see a reduction in their ‘fiscal burden.’