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Category: Current Affairs (280 articles)

Spain is the preferred relocation destination for banks amid Brexit uncertainty

OCT-22_Banks_Brexit

Before long, more and more banks will up and leave the UK and seek refuge in continental Europe due to Brexit.

As Brexit looms over the United Kingdom like a dark and threatening cloud and no black-and-white trade deals have been brokered to come into effect from the so-called “Brexit Day”, international banks currently headquartered in Britain are on the move to mainland Europe

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Author: 22/10/2018 [0] Comments 

Spain is home to 37% of British EU expats, data shows

While there is no typical British expat in Spain, retirees and families make up a large portion.

While there is no typical British expat in Spain, retirees and families make up a large portion.

Choosing to up sticks and move to another country is rarely an undertaking made lightly, but the European Union’s (EU) relaxed regulations for citizens of its member states have meant that in recent decades it has become far less daunting to move to another country within the EU…

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Author: 02/05/2018 [0] Comments 

Spain’s economic outlook for 2018 raised further

More jobs, a stronger economy, a robust construction industry and soaring tourism will all positively shape Spain in 2018.

More jobs, a stronger economy, a robust construction industry and soaring tourism will all positively shape Spain in 2018.

The eggheads at leading bank BBVA have this week increased their economic growth forecast for Spain to 2.9% after revising initial forecasts on the projected impact of the Catalan political crisis…

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Author: 18/04/2018 [0] Comments 

Number of Spaniards living in UK rises 10% in one year

More than 12,000 Spaniards moved to the UK in 2017, swelling the number of Spanish citizens in the country to 128,000.

More than 12,000 Spaniards moved to the UK in 2017, swelling the number of Spanish citizens in the country to 128,000.

Brexit, what Brexit? One of the chief fears from the UK’s decision to leave the EU was that the country would become a far less attractive place for people to move to. And while net immigration has indeed fallen since that June 2016 vote (in large parts due to improved economic conditions in other EU countries, such as Portugal, Hungary, Spain and Poland), thousands of EU citizens are still exercising their right to free movement by settling in the UK…

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Author: 22/03/2018 [0] Comments 

UK government vows once more to lift expat voting restrictions, but will words ring hollow?

Officials at Whitehall have now stated that they will end the 15-year rule for British expats... but the question is: when?

Officials at Whitehall have now stated that they will end the 15-year rule for British expats… but the question is: when?

As thorny issues go, few are thornier than the topic of voting rights for long-term British expats.

The current law states that British citizens who have lived away from the UK for 15 years or more do not have a vote in general elections or national referendums. This peculiar failing of democracy has been a political hot potato for many years…

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Author: 16/02/2018 [0] Comments 

Spain trims number of jobless by 7.5% in January

The jobless rate in Spain is below 17% and expected to improve throughout 2018.

The jobless rate in Spain is currently below 17% and expected to improve throughout 2018.

Every February, Spain’s Ministry of Employment publishes the jobless figures for January, and every year they show a slight rise in unemployment when compared to December…

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Author: 08/02/2018 [0] Comments 

Spain’s credit rating improves to A- as economy continues to impress

Spain's banks have reduced their debts by 25% since 2015, and their recovery mirrors Spain's as a whole.

Spain’s banks have reduced their debts by 25% since 2015, and their recovery mirrors Spain’s as a whole.

Before 2008, very few of us knew of, understood, or really cared all that much about countries’ sovereign debt rating and credit scores.

But as the credit crunch bit down hard a decade ago, suddenly every man, woman and dog on the street was told to feel trepidation at the thought of the UK losing its Triple A rating, or Italy being plunged into junk bond status, or Spain suffering downgrade after downgrade…

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Author: 23/01/2018 [0] Comments 

Jobless total in Marbella plunges further

From luxurious super yachts to dusty, traditional bodegas, MarbeLla's broad appeal is its main strength.

From luxurious super yachts to dusty, traditional bodegas, Marbella’s broad appeal is its main strength.

While the accepted image of Marbella as a playground for the world’s elite is largely accurate, one of the resort’s strengths is its ability to offer a good lifestyle to all.

Sure, there are superclubs and high end boutiques to cater for the steady stream of multimillionaires who pull into port all-year-round, but Marbella also ensures that those with more modest means can get by comfortably

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Author: 11/01/2018 [0] Comments 

Spain agrees 4% increase in minimum wage for 2018, with further rises planned

Spain's minimum wage will rise 4% in 2018, with the government pledging further increases for the next few years.

Spain’s minimum wage will rise 4% in 2018, with the government pledging further increases for the next few years.

Spain’s lowest paid workers will receive some instant New Year cheer in 2018 after the country’s government agreed to a 4% increase in the minimum wage

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Author: 03/01/2018 [0] Comments 

Theresa May’s Christmas gift to British expats in EU: your rights are guaranteed

British Prime Minister Theresa May's open letter should reassure Brit expats living in the EU that their future is secure.

British Prime Minister Theresa May’s open letter should reassure Brit expats living in the EU that their future is secure.

While it seems that the Brexit wrangles between the UK and EU have made barely any progress, a recent Open Letter published by the British Prime Minister and addressed to UK citizens living in other EU countries has revealed that a deal has been reached regarding the rights of expats…

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Author: 28/12/2017 [0] Comments 
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