British residents are again taking their holidays abroad, with analysts expecting record numbers.
Nearly 6 million people from the UK went abroad in April. This was the highest number ever for the month of April and up 8% on the same month a year before, said the Office for National Statistics.
With the economy on the rise after a very long haul, Spain’s unemployment level remains the second highest in the EU 28.
Spain endured seven years of economic crisis, with relief coming only in the latter half of 2014 when growth returned.
Buyers are back in the Portuguese housing market with the April rise in demand the highest in the past seven months due mainly to the nation's banks actually writing some mortgage business.
The latest RICS 'Portuguese Housing Market Survey' released today is based on responses from 150 Portuguese real estate companies and concludes that demand will continue to exceed supply.
Six Russian football fans have been arrested in Germany after attacking three Spanish tourists.
The incident occurred outside Cologne’s famous cathedral. Two Spanish tourists and their Spanish guide were attacked in an “extremely aggressive and brutal manner” on Thursday evening, according to German police.
Not only was Spring this year the 15th wettest since 1931, but also it was classified as ‘cold’ by Portugal’s weather service, the IPMA.
Portugal’s Spring ends next week when official Summer starts on the 20th of June but the usual period for Spring weather - March, April, May - averaged 346.4 mm of rain, up 164%.
The UK’s Crown Prosecution Service has admitted that there is 'insufficient evidence to prosecute' Sir Cliff Richard who is said to be thrilled with the decision.
The singer, who has never been arrested or charged, spoke out after being told he will not be prosecuted over the claims almost two years after South Yorkshire Police raided his £2.5 million home in Berkshire having tipped off the BBC that it would do so enabling a news team to broadcast the raid, live from a helicopter.
Fears about the future of the eurozone have re-emerged as Britain’s referendum on European Union membership threatens to halt growth and set free other EU countries where the population wants an in/out vote of their own.
The UK’s latest referendum polls shows a majority of voters wanting to leave the EU. This has caused flighty investors to shun bonds in non-core countries and head for safer debt issues.
Electricity supplier EDP already has been fined by the regulator for making it difficult for those on low incomes to apply for and receive the cheaper ‘social tariff’ rate.
The €7.5 million fine has been challenged by the EDP boss, António Mexia, whose lack of PR skills has meant his €2.1 million pay packet also has been dragged into the public arena.
