business

Almost 45,000 new cars were registered in the Canary Islands in 2022
Almost 45,000 new cars were registered in the Canary Islands in 2022

Only 2,100 electric cars were sold in the archipelago due to the lack of charging points...

Three ‘sun and beach’ destinations in the Canaries are among the most visited in Spain
Three ‘sun and beach’ destinations in the Canaries are among the most visited in Spain

In total, eight sun and beach destinations accounted for 14.6% of all tourism in 2022...

No school buses on first day back on Monday 9th January
No school buses on first day back on Monday 9th January

The transport companies for public schools and education centres are protesting as they haven’t been paid correctly...

Apartment rents rose by up to 44% in 2022 in parts of the Canary Islands
Apartment rents rose by up to 44% in 2022 in parts of the Canary Islands

The average increase was 14% but they skyrocketed in tourist municipalities...

Retirement age has risen to 66 years and 4 months old from January 1st
Retirement age has risen to 66 years and 4 months old from January 1st

At the end of 2022, early retirements increased to take advantage of the 8.5% rise in pensions for this year...

2023 begins with no fuel discounts but with a reduction in IGIC on food
2023 begins with no fuel discounts but with a reduction in IGIC on food

The third ‘anti crisis’ plan comes into force today, which includes a 2% cap for new rental contracts...

Petrol discounts end tonight fuelling trade war between filling stations
Petrol discounts end tonight fuelling trade war between filling stations

In an effort to stop motorists switching to low-cost petrol stations, Repsol and Cepsa are extending their own discount schemes...

Are you a rookie in online trading? Here's how to start
Are you a rookie in online trading? Here's how to start

With these simple steps, anyone can become an online trader in no time at all...

Three hotels on the Golden Mile to undergo a 90 million makeover
Three hotels on the Golden Mile to undergo a 90 million makeover

The Mediterranean Palace, Cleopatra Palace and Sir Anthony complexes, will undergo comprehensive renovations starting in January...

Vueling must repay almost half a million euros for irregularities in resident discount tickets
Vueling must repay almost half a million euros for irregularities in resident discount tickets

An inspection has determined that 14% of the bonuses had a fraudulent use and the money must be returned…

The Canaries could lose 1 million tourists a year due to the new EU ‘green tax’
The Canaries could lose 1 million tourists a year due to the new EU ‘green tax’

The Airlines Association warns that if the tax is applied on flights to EU countries, it could also cost 40,000 jobs by 2030...

6 of the most popular trends in the property market today
6 of the most popular trends in the property market today

Housing trends are always volatile and shifting, and it is essential to understand them to make sure you get the best deal...

Spain is one of the few countries in Europe where pensions are capped
Spain is one of the few countries in Europe where pensions are capped

Germany, Italy, Sweden, Portugal and Denmark do not impose any limit on the maximum monthly payment...

Petrol prices drop sharply this week to less than this time last year
Petrol prices drop sharply this week to less than this time last year

They have fallen by between 5 and 15 cents a litre while waiting to find out if there will be an extension of the government discount...

How to build a gaming business in 2022
How to build a gaming business in 2022

The gaming industry can be fruitful and profitable, but it can also be time-consuming and demanding…

Airbnb takes action to prevent disruptive parties on New Year's Eve
Airbnb takes action to prevent disruptive parties on New Year's Eve

The platform has been criticised for allowing one night bookings or not monitoring guests thoroughly in previous years...

Airport worker strikes in Spain and the Canary Islands threaten Christmas holidays
Airport worker strikes in Spain and the Canary Islands threaten Christmas holidays

AENA staff want the bonuses reinstated that were stopped during the pandemic as passenger level are back to almost 95%...

Pilots strike is confirmed for eight days over Christmas
Pilots strike is confirmed for eight days over Christmas

The unions in Spain have announced that industrial action is over pay demands...

Do online casino businesses have much impact on the UK and Ireland economies?
Do online casino businesses have much impact on the UK and Ireland economies?

Online gambling is now a massive industry, but is this affecting the economy in a positive or a negative way…

Rent in the Canary Islands is 218 euros more per month than a mortgage
Rent in the Canary Islands is 218 euros more per month than a mortgage

Even though interest rates have increased, rents have gone up more making it cheaper to buy a house than to rent one…