More than £1.8 billion has been withdrawn by pension savers in Britain in just the first two months of the new regulations.

During April and May, savers took more than £1 billion from their pension pots through 65,000 cash withdrawals.

Portugal’s food police have fined supermarket group Pingo Doce €500,000 for selling products at below cost price.

ASAE imposed the €500,000 fine due to in store activity on May 1st 2014, when Pingo Doce had a one day promotion that lopped 50% off the bill for anyone spending over €100.

Lidl’s recent £10 million purchase of a new headquarters in London has been taken as a further signal of its intent to push its success in the UK.

It will build a 220,000 sq ft premises on five acres close to Tolworth rail station in west London and leaving Wimbledon behind in 2018.

In 1996 the idea for a walking route from Alcoutim to Cape St. Vincent, some 300 kilometres, was born and by 2015 the Via Algarviana’s 800 kilometres of well-signposted paths is being used extensively by just the sort of out-of-season tourists the authorities are keen to attract in greater numbers.

The route has been developed and nurtured by Almargem since 2011 but the funding runs out this month and no other body wants either to manage or fund the route's maintenance and promotion.

Manufacturing output in the eurozone was down 0.4% in May compared to April, but a healthier picture emerges when comparing annual figures.

In May 2015 compared to the previous May, production increased by 1.6%.

The Moto Clube de Faro’s 34th International Motorcycle Festival starts on Thursday 16th July and runs until Sunday 19th with the usual farewell parade in Faro itself.

The big party at Vale das Almas near Faro airport will bring tens of thousands of foreign and national bikers, with a particular emphasis this year on bikers from neighboring Spain.

Forecasts for the British property market are for a busy season this autumn.

Early indicators include annual house price growth across the nation, renewed mortgage lending, and buyer demand.

The central and eastern Ria Formosa dredging works planned by Polis Litoral Ria Formosa can go ahead, according to Loulé court, as this project is not included in the suspension of demolition work on the area’s islands.

Olhão council’s successful injunction halting the destruction of properties on the Ria Formosa islands under its care made unclear the legality of the dredging programme scheduled for the channels between the islands.