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Flat fares from December for Costa Blanca public transport

COMING into effect from December, Alicante is offering a flat rate for €40 a month to use all the buses and the TRAM service. The new 30 day voucher will allow unlimited trips on both services, and was announced following an agreement between Alicante Council, bus and TRAM operators, drivers and representatives of local business. […]

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Costa Blanca financial advice firm wins major European award

A BOUTIQUE financial planning firm based on the Costa Blanca has sent waves through the world of finance after picking up one of the industry’s top awards. Chorus Financial, a company founded in Javea just two years ago, was recognised for their campaign to educate the British public about financial matters in Spain. The judging […]

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All change for euro notes in Spain

THE European Central Bank (ECB) has unveiled the new €100 and €200 banknotes, which will enter into circulation on May 28, 2019. After the €5, €10, €20 and €50, the €100 and €200 banknotes are the last two denominations of the Europa series, and therefore mark its completion. The new €100 and €200 banknotes make […]

Entertain Me! Money

An Introduction to the World Series of Poker (WSOP) 2018

The World Series of Poker, more commonly abbreviated to WSOP, is an internationally renowned tournament that draws the biggest names in the game and earns extensive media coverage thanks to the high octane action it delivers. With a legacy stretching back almost half a century, this year the main WSOP event played host to a […]

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Two women arrested in online loan fraud scam in Spain

OFFICERS of the National Police have arrested two Spanish women in Murcia, for alleged crimes of fraud and forgery. The suspects, 30 and 35-years-old, offered people loans online, ranging from €300 to €60,000, and asked for advance payments for processing purposes. The initial payments requested were in the region of €75 and €2,000, and the […]

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€60 million tax scammers caught after three years

OFFICERS from both Spanish National Police and the Tax Office have managed to close down the activities of a gang allegedly involved in tax avoidance and money laundering. A total of 58 people have been arrested in Spain, Belgium, Portugal and Germany and are believed to be responsible for a scam amounting to €60 million. […]

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THE ITALIAN JOB: Counterfeit money introduced to Spain from Italy

TWO men in Alicante and a third in Barcelona have been arrested by the National Police in connection with introducing counterfeit money to Spain from Italy. One of those arrested was taken by surprise the moment he left a parcel company when he was caught carrying a package that had been sent from Naples.  There […]

Entertain Me! Money

Orenes Grupo going all-in on Spain casino strategy

THE Department of Urbanism and Environment has granted approval to Spanish operator Orenes Grupo to begin the construction of a new home for its Murcia casino license. With an investment of approximately €18m, Orenes Grupo is looking to begin its construction phase of the new building that will cover 11.600 square metres of its three […]

Money Top News

Hidden credit card charges a thing of the past

HIDDEN charges for paying with a debit or credit card have been banned, helping millions of UK consumers to avoid rip-off fees when spending their hard-earned money. So-called ‘surcharging’ has become commonplace, particularly online, with many retailers hitting people with surprise charges just before they are about to make a purchase. Some retailers have been […]

FINANCE Consumer confidence rises
Money

Consumer confidence rises

SPAIN’S consumer confidence rose by 0.9 points to 100.5 points in November, indicating an optimistic perspective about the country’s economic situation, the Sociological Research Centre (CIS) reported on Monday. The Consumer Confidence Indicator (CCI) ranges between 0 and 200 points, with ratings over 100 points considered as positive perceptions of the economic situation and ratings […]

Churning… the worst enemy of your pension or investment portfolio
Money

Churning… the worst enemy of your pension or investment portfolio?

SO, before anyone asks, no I’ve not given up financial services to campaign against the dairy industry! Churning, in financial terms, is when a financial advisor persuades a client to buy or sell funds with the sole intention of generating commissions, rather than acting in the client’s best interests. This unethical practise is illegal in […]

When choosing your insurance cover, let your broker advise you
Money Motoring

When choosing your insurance cover, let your broker advise you!

NOWADAYS, comparison web sites are a very popular choice for anyone searching for insurance. But is that really the best way forward? Sure, if you are buying only on price, maybe that’s good for you but if you want to find something that is not only a good price but also a good product that […]

Pellicer & Heredia
Business Spotlight Legal Money

Pellicer & Heredia – Making it possible

Ignacio Pellicer & Pedro Heredia, are partners of the Law Firm, Pellicer & Heredia. The whole project started in 2007 just before the credit crunch. Both of them came from different Law Firms specializing in International Law. What do you believe is your secret to success? We offer true, honest, and independent advice for international […]

Floor clause mortgage success
Money News Property

Floor clause mortgage success

SPAIN’S Supreme Court has ruled people who have already renegotiated their mortgages with their banks can still reclaim their money in court. The decision means anyone whose bank has agreed to lower their interest repayments can still reclaim excess interest payments made in previous years. While the move may mean lower monthly repayments and lump […]

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BOOK NOW: Europe’s leading finance seminar is coming to Spain

EUROPE’S leading finance seminar is coming to Spain for the first time in 2017. Visiting four popular venues on the Costa Blanca in November (see full details below), attendance is free, but booking early is recommended due to limited availability. The tour offers an essential opportunity for British expats to hear from four trusted ‘household-name’ […]

Wealth Management
Money

What exactly happened with Continental Wealth Management?

A COUPLE more weeks have passed since the devastating revelations regarding the collapse of CWM, and as each day passes, more people are discovering they themselves were victims. I’m sure many in my industry would like to brush this under the carpet, and remove it from the public interest, but we must learn lessons from […]