The price of electricity will increase by more than 10% today
Compared to just a year ago, the pool price for today will be 808% higher than the 27.74 euros/MWh on April 4th 2021...
The Canary Islands foresee a busier but more expensive Easter than 2019
There is a 9% increase in holiday prices due to rising costs, which is still lower than the 13% in the rest of Spain...
Cepsa increases fuel discount to 30 cents per litre with loyalty scheme
Private customers can get an extra 10 cents per litre of all fuels, and commercial businesses another 30 cents off...
New luxury hotel and golf course in south Tenerife given the green light
This will be the first resort in the Canary Islands designed by Norman Foster, and has been approved by the Guia de Isora City Council…
The Canaries are the top destination in Spain for holidaymakers staying in apartments
There were 1.8 million overnight stays in apartments in February at an occupancy rate of 73.6%...
Petrol stations fear bankruptcy as they have to fund and claim back new discount
They expect an "avalanche" of sales as people have been waiting for the 20c per litre discount which starts today...
Inflation reaches historical high in Spain due to the war in Ukraine
Economists say that 73% of this rise is due to the impact of the conflict on the prices of energy and unprocessed food...
Discount on fuel prices start tomorrow in Spain, and this is how it will work
The government is taking measures to prevent petrol stations from increasing prices before the discount comes into effect…
Supermarkets are now allowed to limit purchases if there is a risk of shortages
Stores will be able to set the maximum number of units of a product that each customer can buy…
Intense rain and fog has caused flight cancellations, diversions and delays
Only domestic flights are affected at the moment, as Binter ask customers to check the status of their flight...
Canary Islands transport companies accept 99.9% drop in fuel tax to avoid strike
Treasury will return the tax to them until July 31st backdated from March 1st, to combat price increases...
TUI predict record tourist figures in the Canary Islands this summer
The tour operator expects to bring 1.3 million tourists with a 20% increase in spending to the islands...
The Canary Islands has biggest increase in flight seats for Summer in all of Spain
There are 9% more flight seats available than in summer 2019; figures don’t include any flights from Russia or Ukraine...
New mobile phone scam using Banco Santander to steal your card details
Phishing cases have skyrocketed in the last couple of years, especially email scams with the volume of remote workers…
Big companies warn that production will stop if transport strike continues
Large companies, including Danone, Heineken, and San Miguel say they can’t get raw materials to make their products...
Petrol and diesel prices expected to increase by up to 10 cents a litre today
This will take price increases to 50% in some cases since the start of the year in the Canary Islands...
Panic buying in the Canary Islands increases food purchases by 25%
The fear of shortages due to the transport strike and the conflict in Ukraine has left shelves empty...
The property market is seeing a full recovery across Spain
The purchase of properties by non-resident foreigners grew by 51% in 2021...
Virgin’s Valiant Lady is coming to Tenerife for the first time
The Virgin Voyager flag ship is the most sustainable cruise ship in the world...
Playa Paraiso had the biggest tourist growth in Tenerife in 2021
Of the 17 tourist resorts on the island, Paraiso had an increase of 117% in overnight stays compared to the year before…
