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1,000 in protest march in defence of Lagos hospital

mriscannerProtesters marched through the town of Lagos last Saturday in a demonstration organised by the Committee of Users of the National Health Service.

The protesters presented a motion which stressed their "displeasure" provoked by the health policies of the government and the situation they face at Lagos Hospital, Portimão Hospital, health centers and clinics across the Algarve.

Portugal loses millions in defence deals

submarineOnly two of the eight contracts, where Portugal bought defence equipment in return for 'contra' investment in Portugal by the seller, have been executed.

In a third agreement, compensation for the acquisition of torpedoes, a Portuguese court ordered that bank guarantees were executed and the money transferred to the state, some €11.6 million, as the seller’s side of the bargain had not taken place.  

Portugal enters deflation

fruitIn February, the annual rate of inflation in the eurozone clocked in at an average of 0.7% but Portugal was one of four members which have fallen into deflation.

The annual rate in Portugal was -0.1%, the same rate as in Slovakia. Greece and Cyprus were harder hit, with -0.9% and -1.3% respectively.

Compensation for clothing disaster victims

ranaplazaPrimark has said it is to pay a further $10 million (£6m) in compensation to the clothing workers who became the victims in Bangladesh’s Rana Plaza (pictured) collapse which killed 1,000 employees.

Of the total, $9 million will be distributed directly to 581 workers, or their families, who had been employed by Primark’s supplier, New Wave Bottoms.

UK house prices hit more new records, except 'oop north

mansionThe average house price across England and Wales has hit a new record of £236,000.

Prices are up by 6.8% over last year whereas London’s annual growth of 11.3% took the average price to £552,530, also a new record.

easyProperty launching soon

stelioseasyProperty is intent on shaking up the property market.

Sir Stelios Haji-Ioannou who introduced easyJet in 1995 is now tackling the market with the launch of easyProperty, and aspires to work his magic on it in the same way he did on travel.

Bulgaria joins other EU countries in selling passports

passportbulgarianAll manner of European countries are getting involved in providing residence permits to non-Europeans in exchange for investment.

Now it is the turn of Bulgaria, where a passport could be obtained for as little as £150,000 without the need to reside in the country, according to an investigation conducted by the Daily Telegraph.

Bank card theft escalates in Britain

4775Stolen bank card fraud in Britain has jumped to its greatest level in eight years.

Cards that were lost or stolen in the UK resulted in losses of £58.9m last year, the largest figure since 2006.