business

Ryanair still owe 6 million euros to the staff of the Canary bases that closed
Ryanair still owe 6 million euros to the staff of the Canary bases that closed

The airline wants to reopen its centres on the islands but has not yet paid the workers laid off in January 2020…

The Canaries have 28,700 more jobs and 3,100 less unemployed than before Covid
The Canaries have 28,700 more jobs and 3,100 less unemployed than before Covid

Between the first quarter of 2019 and 2022, employment has grown in all regions of Spain...

Consider these 4 important things if you want to start a translation agency
Consider these 4 important things if you want to start a translation agency

By considering these factors, you can create a foundation for success and avoid common pitfalls that new businesses often face...

Ryanair are in talks to reopen their bases in the Canary Islands
Ryanair are in talks to reopen their bases in the Canary Islands

O’Leary said they have bought enough fuel to last them until March 2023 so don’t expect big price increases...

Spain and Portugal’s electricity cost-cutting plan gets EU approval
Spain and Portugal’s electricity cost-cutting plan gets EU approval

They have reached an agreement with the EU to separate electricity from gas to bring the price down…

Spain is the number 1 choice for British holidaymakers this summer
Spain is the number 1 choice for British holidaymakers this summer

Even with restrictions against unvaccinated UK travellers and competition from Greece and Turkey, Spain has the most pre-bookings…

Social Security contributions will increase for 800,000 self-employed in 2023
Social Security contributions will increase for 800,000 self-employed in 2023

The new system will harm those who earn more than 1,700 euros per month, while more than 2.1 million will pay less...

Inflation and repayment of ICO loans is threatening companies survival
Inflation and repayment of ICO loans is threatening companies survival

Experts predict that more companies in Spain will now close than during the economic crisis of 2008...

The government is now paying an annual lump sum if you delay retirement
The government is now paying an annual lump sum if you delay retirement

From this year there are two incentives being given to people who continue working past retirement age...

Can companies still insist that staff wear masks? Yes they can
Can companies still insist that staff wear masks? Yes they can

Refusal to use one could lead to disciplinary dismissal, however, they cannot force customers to wear one…

The price of plane tickets to Spain have increased by up to 40% for the summer
The price of plane tickets to Spain have increased by up to 40% for the summer

Airlines are starting to pass on the price increases of fuel to customers... Kerosene has more than doubled in the last year...

The maximum pension in Spain is now 2,819 euros per month
The maximum pension in Spain is now 2,819 euros per month

Spanish retirees are benefitting during high price increases as their pensions are linked to inflation since the reform…

Drilling company finds equivalent to a billion barrels of oil off the coast of the Canary Islands
Drilling company finds equivalent to a billion barrels of oil off the coast of the Canary Islands

Morocco announces prospecting near to the archipelago after a British company announced the discovery…

Property purchases by non-resident foreigners have increased in the Canary Islands
Property purchases by non-resident foreigners have increased in the Canary Islands

The British are the ones who buy the most properties; the Swedish are the ones who buy the most expensive ones…

Good Friday was the busiest flight day in the Canary Islands for more than 2 years
Good Friday was the busiest flight day in the Canary Islands for more than 2 years

Las Palmas was the busiest airport, but Tenerife was the busiest island with almost 200 international flights...

Rent a car companies say they have no cars available for Easter
Rent a car companies say they have no cars available for Easter

Tourist arrivals from mainland Spain and Europe have boomed meaning no cars despite increasing fleets by 127%...

TUI is ‘very optimistic’ about the recovery of tourism in the Canary Islands
TUI is ‘very optimistic’ about the recovery of tourism in the Canary Islands

The tour operator says that figures for reservations to all of Spain are currently "very promising"…

Inflation will cost Canary Island families an extra 2,300 euros this year
Inflation will cost Canary Island families an extra 2,300 euros this year

Housing, food, and transport account for 65% of household spending and have the biggest price increases so far this year…

Final details of the inaugural flight from New York to Tenerife are confirmed
Final details of the inaugural flight from New York to Tenerife are confirmed

United Airlines will operate the Tenerife-New York flight three times a week...

The price to rent a property increased by 5.8% in March in the Canary Islands
The price to rent a property increased by 5.8% in March in the Canary Islands

The average price is now 9.96 euros per square metre per month. Las Palmas is the most expensive place to rent…