Several factors have played into the increase, from Brexit to Portugal’s non-habitual resident tax scheme, which allows many foreigners (including Brits) who move to Portugal to benefit from huge reductions in their income tax bills. [Read more…]
Eurocrats a Deadly Enemy
Over-regulation is the enemy of economic growth, and in the European Union, where power rests with unelected Eurocrats, it is the most deadly enemy, Robin Mitchinson writes in his blog*. [Read more…]
Briffod wins first European Junior Cup title
Adrien Briffod delivered a superb performance to win gold at the ETU Junior European Cup in Tiszaujvaros.
Briffod was involved in an incredible sprint finish involving three athletes in which he just pipped Grant Sheldon (GBR) on the line to win his first European Junior Cup. [Read more…]
Spain Still Reigns For FX
Whilst Spain remains the most popular destination in terms of volume of currency transactions in 2011, interestingly, the UK takes second place with 18% of transactions according to the latest data compiled by FX specialist, Currency Index.
Almost a quarter of all FX transactions in 2011 (24.99%) were sent to Spain, unsurprising given the country’s appeal as a top holiday and second home destination. However, while France took the third spot with 14.83% of all transactions followed by the US in fourth place at 9.01%, one of the most surprising results was the volume of transactions sent to the UK last year. [Read more…]