Latest News

Banking on moral investments

THE simple mention of banks, bankers or ex-bankers these days sends a chill up the spines of many. Corruption and dodgy practices, along with the aiding and exercise of tax evasion are just some of the nasty things that some banks and people like former IMF chief Rodrigo Rato have…

Coca Cola falls flat in Spanish court

THE Supreme Court has found that Iberia Partners, managers of Coca Cola at Fuenlabrada’s (Madrid) bottling plant, infringed its workers’ right to strike when it used other bottling plants within the group to continue business as usual. The court ruled that by doing so the company had compromised its employees’…

Protester storms European Central Bank press conference

A PRESS meeting at the European Central Bank was interrupted on Wednesday when a woman rushed across the room shouting, climbing onto the table in front of ECB president Mario Draghi, scattering papers and throwing confetti all over the Italian banker while screaming: “An end to the dictatorship of the…

IMF chief says Spain’s crisis ‘not cured’ yet

OLIVIER BLANCHARD, Harvard and MIT professor and the IMF’s chief economist since 2008, has both criticised and praised Spain’s performance as it emerges from financial crisis but on the whole says its recovery “is not a success story.” Speaking from his office in Amiens, France, Blanchard remarked that Spain’s high…

Popular News

Iberia delivers on

IBERIA and Iberia Express were the world’s most punctual airlines in February. The principal airline and its low-cost subsidiary Iberia Express operated 92.3 per cent of flights on time in February, found flight-monitoring service Flightstats. Only 55 per cent of flights were on time in 2009 but Iberia is now…

Avoid being a victim of fraud

EVERYONE is at threat of a scam. Unfortunately, there are many bad people out there just waiting for an opportunity to take advantage of you. Chances are you have received a few fraudulent emails, ambiguous phone calls, encountered fake online ads, questionable posts on social networking sites or maybe someone…

Milking an intelligent debate

ANOTHER survey has just been released claiming that breastfed babies grow up to have higher IQs and earn more money. The study followed 3,500 newborns for 30 years. At the age of 30 all the participants were given an IQ test and the breastfed babies scored the highest. The researchers…

£1.7 billion windfall for TSB investors

The Spanish bank Banco Sabadell moved a step closer to taking over TSB today as a deal was secured valuing TSB at £1.7 billion. TSB is recommending its shareholders accept the Spanish takeover, with Lloyds Bank confirming it has agreed a price for its remaining stake at 340p per share.…

How much to make you happy?

YOUR local hairdresser hasn’t got a salary anything like a top executive, but they are just as happy with life, a new study suggests. Average salaries of over 200 different occupations were compared with workers’ reported levels of happiness, and while the study found that in general the higher the…

Banco Madrid Bankruptcy!

JUST days after the problem stricken bank was taken over by Banco de España, Monday saw the announcement from administrators that Banco Madrid is to enter insolvency proceedings. The news comes days after the entire board of Banco Madrid resigned and handed management over to the Bank of Spain on…

Are you the grumpy boots at work?

OUR jobs may fall under the word ‘work,’ but that doesn’t mean that we have to be miserable while doing them! Just today at the Health Centre I noticed that the receptionists that take the appointments always have long sour faces on them. Granted, their jobs are detailed and somewhat…

Sterling going from strength to strength

THE great British pound (GBP) continues to push to fresh, multi-year highs against the euro. The feedback from the UK economy has been robust of late and this is supporting the view that interest rate increases could come sooner than currently expected. The Bank of England (BoE) governor, Mark Carney,…

 


MEMBERS OF: AEPG association AFFILIATED TO: