fbpx
Log in

Login to your account

Username *
Password *
Remember Me

Create an account

Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *
Captcha *

New route to Barcelona actually lands near Barcelona

barcelonaeasyJet has launched a promotional campaign to shift 28,000 seats at between €20 and €40.

The British airline said today the promotion will run for seven days and the flights booked must be taken by September 2015.

Silves fails to set a budget for 2015

silveschurchThe Mayor of Silves, Rosa Palma, said that she does not understand the reasons for the opposition voting against the council’s proposed budget for 2015.

The draft budget of €32.6 million was rejected by PS and PSD councillors in a council meeting on Wednesday despite this being the lowest budget ever proposed for the Silves municipal area, some €3.3 million lower than last year’s and way below the heady days of council spending under Isabel Soares' regime.

UK interest rates held at record low

bankofenglandThe Bank of England has decided to retain the 0.5% interest rate.

The record low has been in effect since March 2009.

Reminder issued to investors in EEA Life Settlements Fund

londonThe unregulated collective investment scheme was marketed as being “low risk” by EEA Fund Management (Guernsey) Ltd, "designed to achieve a benchmark net return of 8% per annum".

But the UK Financial Conduct Authority considered it a high-risk investment that should not have been sold to ordinary investors.

Portugal's 2015 State Budget is over optimistic

portuguese euroThe International Monetary Fund predicts an even more gloomy deficit figure for Portugal than Brussels, a painfully high 3.4% of GDP by the end of 2015.

Brussels is going for a 3% deficit for Portugal next year and rejects the government's prediction of an over-optimistic 2.7%.

EU spending “affected by material error”

euThe official audit of the European Union shows that £109 billion out of the £117 billion total of EU spending in 2013 was "affected by material error”.

Of this, £5.5 billion of last year’s budget was misspent because spending controls were deemed to be only “partially effective” by experts.

'Plastic bag tax will not be spent on green issues,' claims Deco

4765Consumer champion DECO has highlighted the obvious ruse of the government’s new plastic bag tax, saying that the revenue raised will not be spent on green issues at all, and that the tax simply is another burden on consumers.

Deco asks the government to scrap the 10-cents-a-bag tax as it is "unfair and disproportionate" and is "burdening consumers with yet another tax."

French property owners threatened with new tax

chateauOwners of second homes in some popular areas of France could become liable for an additional 20% tax.

The new levy could be applied to some 30 areas of the nation where housing is in short supply if the proposals within a supplementary budget for 2014 are accepted.