Hacienda to reduce corporate tax and income tax in 2015

Tweet Hacienda chief, Cristóbal Montoro, has announced long awaited changes to the Spanish tax system, to be confirmed officially in June this year, to come into effect from January 2015 with a second phase in 2016, committing to lowering income tax rates for everybody, mainly benefiting families and people with disabilities. Changes also include reducing […]

Barclays moving Spanish business to Non-Core

TweetAfter months of rumours, it’s now official, Barclays are moving their Spanish subsidiary to Barclays Non-Core, a basket of assets worth €140 million not focusing on core activity, that is: personal and corporate banking, credit cards, investment banking or Africa banking. Barclays are reducing their retail banking operations by cutting 14,000 jobs this year worldwide […]