Calls to close London City Airport

cityoflondonCity Airport should be closed because it has little direct contribution to the UK economy, according to the independent think tank New Economics Foundation.

The report said the airport has only 2.4% of London’s total flight capacity. The airport caters predominately to business travellers.

Portuguese gloomy over finances, or maybe just realistic

taxPortugal is the 2nd gloomiest country in Europe, or maybe the second most realistic, second only to bombed-out Greece when it comes to personal finances.

The Portuguese remain downbeat with regard to their financial positions, despite signs of general economic improvement that have emerged since the end of the 2013.

Faro borrows €16.7 million to pay off old invoices

farocamaraThe Court of Auditors has approved Faro council’s application to borrow more money. Faro wanted €20 million to start to repay the mountain of invoices that it has accumulated over the years under the management of former mayor, Macario Correia, some 7,000 of them.

The approval of the €16.7brings welcome relief to the council’s finances which appear to have been handled with a degree of carelessness.

More British expats want buy-to-let back home

londonpropBritish expats are said to be expressing renewed interest in buying property in the UK.

Research from Lloyds Bank found that 38% out of more than 1,000 British expats surveyed said they were planning to buy a property within two years as buy-to-let in order to increase their income while they remain abroad.

TAP airline struggles to make it on time

tap2TAP flights have been shown to be the second least punctual of the 35 compared by the Civil Aviation Authority.

Monarch Airlines’ record shows it to be the carrier with the most delays.

Spy files now on view

spySecret espionage files concerning World War One have now been made public and are available online.

They include interrogation reports and photographs. The documents include surveillance reports on organisations such as the Bolshevik Party, British Communist Party and The Boy Scout Association.

Lisbon and Albufeira are Easter favorites

albufeirabeachLisbon and Albufeira are number one ad two top destinations for Easter holidaymakers from within Portugal and from abroad.

The analysis released by travel website Trivago is based on its site users with inbound foreigners preferring, in order, Lisbon, Albufeira, Oporto, Funchal, and Vilamoura. Portuguese travellers are heading for Lisbon, Albufeira, London, Paris and Madrid.

Depression in Portugal increases due to crisis

despairA growth in medically diagnosed depression in Portugal is highest for men between 55 and 64-years old, according to a newly released study.

New cases are up for both men and women as the long-running economic crisis takes its toll. Women in a younger age bracket, between 45 and 54-years old, are now most at risk according to a study by the National Institute of Health.