Spain & UK Business Overview

Spanish clubs in the first and second divisions earned €4. 349 billion in the 2022-2023 season.

That’s 11 cents more than last season, an increase of 6. 4 percentage cents through 2020-19, according to a survey by DBK Sectors Analysis.

Excluding player transfers, last season’s profit was €3,985 million, 8. 7% higher than in 2021-2022, with €3,644 million for the First Division and €341 million for the Second Division.

Real Madrid and FC Barcelona together accounted for 41. 4 percent of revenue, four percent more than in the 2021-2022 season.

Real Madrid’s €843 million (21. 1 percent of the total) only surpassed other Spanish clubs last season, but also all European clubs, including Manchester City. Barça contributed 20. 2 percent of the total, with 806 million euros.

Revelations about the revolution REVOLUTION BARS shares were suspended on the Alternative Investment Market (AIM) while the company attempted to cash out.

The chain, which runs more than 50 bars and nightclubs as well as 20 pubs across Britain, could close up to 25% of its establishments and collapse.

Revolution Bars lost £22. 2 million (€25. 9 million) in the financial year ended June 30, 2023, and its shares have fallen nearly 70% in the past six months.

Rising energy costs, the cost-of-living crisis and Gen Z’s lack of interest in alcohol are to blame for the company’s woes, according to insiders.

Orange and MásMóvil, now MasOrange, held an assembly of 3,000 workers on April 2 at the WiZink Center in Madrid.

Another 2,000 members attended online as CEO Meinrad Spender and CFO Ludovic Pech laid out the new company’s long-term plans, which include reaching a combined profit of €490 million in four years.

MásMóvil would travel from Alcobendas in Madrid to Orange’s headquarters in the Finca de Pozuelo area buying groceries, they said.

Spenger said there were no plans for mandatory layoffs, but added that the new telecommunications company could simply offer early retirement and voluntary exit options.

MORE than £16 billion (€18. 7 billion) may be wasted this decade because Scotland produces more wind power than it can send south.

Due to regulatory and planning delays, there is inadequate infrastructure to bring renewable energy from Scotland, where most of it is produced, to England, where it is needed.

Lately, wind farms are being paid to turn off their turbines, while gas-fired power plants in the South want to be paid more to produce more electricity. They charge more than £700 million (€817. 3 million) in 2023 alone, according to think tank Carbon Tracker. saying.

Seville, Saudi Arabia AYESA was recently awarded a €95 million contract for the design of 190 water and wastewater treatment plants in Saudi Arabia.

The Saudi company’s agreement with the National Water Company (NWC) will incorporate “innovative and sustainable technologies” for water treatment, as well as measures for energy consumption.

The agreement with the Seville-based company is part of NWC’s commitment to spend around €200 billion to provide safe drinking water and effective sanitation across the country by 2030, said Jose Ramon Delgado, Ayesa’s director for Saudi Arabia.

ALSTOM’s Litchurch Lane plant in Derby, the UK’s largest rolling stock factory, is making plans to lay off many workers.

It ended its last production and, with no new government orders on the horizon, the control introduced a voluntary layoff program.

However, so far, Alstom has not spoken of the definitive site for Derby, it may simply be “inevitable” unless more orders materialise to cover the two empty years that the France-based company will have to fill until construction of the HS2 trains begins.

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