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Urgent action needed on obesity

fatmexicanA fresh assault on obesity has been launched by health leaders in England who have called for an emergency taskforce because, they said, “an entire generation is being destroyed by a diet of junk food and sugary drinks”.

Currently in the UK, about one child out of every three under 15 is overweight or obese. The Royal College of Paediatrics and Child Health estimates that this problem costs the NHS around £4.2bn a year.

Heinz ketchup turns to stevia

sugarFood manufacturer Heinz has announced plans to reduce the amount of sugar in its popular tomato ketchup.

Heinz Tomato Ketchup 50% Less Sugars will harbour less sugar, namely 11.4% per 100g, down from 22.8% per 100g in its traditional product.

Bank of Portugal and KPMG – all is not well

bop2There is no more collaborative harmony between the Bank of Portugal and KPMG - Banco Espírito Santo’s auditors as the bank tries to implicate the auditor in the BES enquiry .

The relationship between the Bank of Portugal and KPMG started to break down when in late July the Bank’s governor Carlos Costa was up before Parliament to explain what on earth had gone wrong at BES, one of Portugal's biggest banks.

One in five properties in Portugal sold to a foreign buyer

apartmentsMore than 10,000 foreigners bought property in Portugal in the first half of the year with Chinese, French, Brazilian and Angolan investors leading the rush in the Lisbon and Cascais areas.

However, it is the Algarve that is leading the impressive influx of foreign money with British, French, Belgians and Germans buying up property, especially in the Loulé, Albufeira and Lagos council areas.

Smoke from Silves fire detectable for 50 kilometres

fireA wildfire that started yesterday afternoon in an area of scrubland and euclayptus at 14.40 at Sítio dos Fitos, Silves, finally was put out by teams of local Bombeiros at 04.20 on Sunday morning.

The fire had spread rapidly across the countryside and at its height was tackled by over 200 firemen supported by 67 vehicles.

Motorway toll SMS scam sweeps the country

motorwayFake messages sent by SMS asking people to pay up for motorway tolls are being sent to mobile phones across the country.

Brisa said today that "in no case should people reply to anonymous messages that ask for the payment of money ​​relating to toll fees."

‘Win an Audi’ - anonymity not guaranteed

audia6Taxpayers have had no qualms in entering the Fatura da Sorte, or ‘Win an Audi,’ sweepstake but now must inform the tax department if they want to remain anonymous.

Up until now the winners have remained unknown unless they particularly want their relatives and friends to know they have just won a brand new Audi worth up to €51,000.

Portugal's taxpayers cover for weak government

financaslogoPortugal’s citizens never have paid so much tax with the latest government estimate showing a record haul of €37 billion for the year.

The amended, amended, amended 2014 budget has just been delivered to parliament and includes tax increases of €1.2 billion, mostly from record VAT receipts of €974 million, which almost brought a smile to the stony face of our tax collector general, Maria Luís Albuquerque.