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NHS in pyjama hunt

nhspyjamasBritain’s NHS is desperately seeking its pyjamas.

University Hospital Southampton said that nearly all of its January order of 2,000 pairs of pyjamas has gone missing. Only 73 remain.

Babyboomers go self-employed

businesswomanLast year there were 1.7 million older Britons who have embraced the entrepreneurial spirit and founded their own businesses.

This number could rise to 2 million by 2020, according to a new report.

€4.9 billion to rescue Banco Espírito Santo

bankofportugalThe governor of the Bank of Portugal has announced a rescue plan that divides Banco Espírito Santo into a "good bank" and a "bad bank" with a massive injection of funds and a company name change to 'Novo Banco.'

Banking chief Carlos Costa announced that a solution to save the high street banks has been hammered out and involves accessing €4.9 billion from the Troika Resolution Fund to which Portugal has access to help recapitalise its domestic banks.

HMRC targets landlords

hmrcNo more Mr. Nice Guy at Britain’s tax office which is shining a stronger spotlight on the activities of landlords.

Letters to 40,000 buy-to-let investors will be sent during the coming four months, obliging the recipients to contact HMRC within 30 days. Failure to do so could result, HMRC says, in a large fine or a criminal investigation.

But HMRC shown not to be perfect

britishmoneyWhile HMRC persists in viewing Britain’s taxpayers with suspicion, it has had to return nearly £4m last year for mistakes it made.

An undisclosed amount resulted from the intervention of the Tax Adjudicator, the independent arbiter of disputes between individuals and HMRC authorities.

Turismo de Portugal is 'Europe’s Leading Tourist Board'

conradpressreleaseThe World Travel Awards 2014, known as the ‘Tourism Oscars,’ took place in Athens on Saturday evening with Turismo de Portugal scooping the coveted award for best tourist board in Europe.

A spokesman for Portugal’s Ministry of the Economy said it considers the award "very positive and important for the international recognition" of Portugal’s tourist destination.

Faint improvement in Spanish house market

spanishluxuryhomeThe housing market in Spain may be nearing its bottom point.

Prices are falling, but at their slowest rate since the financial crisis struck in 2008.

Property rental scammers leave Algarve tourists stranded

praiaalemaoLocal GNR stations have seen a steady trickle of disappointed and angry families whose holiday dreams have been dashed by scammers.

On Saturday alone, eight families complained to the police that the properties they had booked either did not exist or already had someone in residence.