
Gibraltar was touched on fleetingly during the meeting between Prime Minister Theresa May and her caretaker Spanish counterpart, Mariano Rajoy, in Madrid. A Spanish wire report quoted anonymous sources in the Spanish Government saying that Rajoy had set out the Spanish position during a wider discussion on Brexit.

“Is a monthly stopover in Argentina too high a price to pay for a direct weekly flight to Sao Paulo, the biggest flight hub in South America,” is the question we all have to ask ourselves, said lawmaker MLA Mike Summers this week as he set out the situation and options available to progress and develop the Falkland Islands’ economy.

Many travelers buying foreign currency at the UK's airports are now receiving less than one Euro to the pound, reports the BBC. The continued fall in sterling's value means that the average rate available at 17 airport bureaux de change is now just 99 euro cents to the pound. The worst rate is currently 88 Euro cents at Moneycorp at Southampton airport and the best is €1.06 from the Change Group at Glasgow Prestwick.

Wells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank's reputation and put Wall Street under renewed scrutiny. San Francisco-based Wells Fargo said Stumpf, 63, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim Sloan, 56.

Taxing sugary drinks can lower consumption and reduce obesity, type 2 diabetes and tooth decay, says a new WHO report. Fiscal policies that lead to at least a 20% increase in the retail price of sugary drinks would result in proportional reductions in consumption of such products, according to the report titled “Fiscal policies for Diet and Prevention of No communicable Diseases (NCDs)”.

Gibraltar's Deputy Chief Minister Dr Joseph Garcia is in Scotland to attend the conference of the Scottish National Party (SNP). The event opened in Glasgow on Wednesday and this is the first time that Gibraltar will have an exhibition stand. It is also the first time that the Gibraltar Government will host an official reception.

Planning is underway for an Avro RJ100 jet aircraft, operated by Tronos Jet Maintenance and flown by Atlantic Star Airlines, with final destination Chile, to fly to Ascension Island, followed by a call at St Helena Airport on the same day. Both are technical stops, and the crew will overnight on St Helena.

Prime Minister Theresa May will meet Spain’s caretaker Prime Minister, Mariano Rajoy, in Madrid on Thursday for talks on a range of issues including Brexit. The visit to Spain is part of a string of meetings in European capitals as Mrs May appeals for a fair “divorce deal” from Brussels for the UK.

Scottish fishermen have welcomed the publication of a report revealing the full extent of catches by foreign vessels in UK waters. Published by NAFC Marine Centre UHI in Shetland, and based on the European Commission’s most recent data, Dr Ian Napier’s report explains that more than half of the fish caught in British waters between 2012 and 2014 were taken by foreign fishing boats.

The Irish government said on Tuesday it has introduced a number of specific measures to help firms that might be affected by the uncertainty caused by Britain's vote to leave the European Union (EU). The measures include an extension of the Special Assignee Relief Program, which gives designated individuals income tax relief for work done in the country until the end of 2020.