Concerned about how the UK’s departure from the European Union over the next two years will impact their communities, leaders from the British Overseas Territories in the Caribbean have agreed to form a group to focus on the whole question of Brexit, reports the region's media.
Bank of England governor Mark Carney says he will step down in June 2019. It means he will serve one additional year beyond the five-year term he committed to when he took the post, but will still be two years short of the usual eight years governors serve.
British PM Theresa May and Scotland’s First Minister clashed at a Downing St Brexit summit dominated by a “very frank exchange of views”, Nicola Sturgeon revealed. Ms Sturgeon branded a warning from Number 10 that the devolved administrations must not try to undermine the UK’s negotiating position as “nonsense” as she labelled the talks between the PM and the leaders of Scotland, Wales, and Northern Ireland, as “deeply frustrating”.
Gibraltar will be included in whatever deal the United Kingdom negotiates to leave the European Union, Britain’s ambassador to Spain has said. Simon Manley made the comment during a wide-ranging interview with the right-wing Spanish newspaper ABC, during which he also made clear “there is no turning back” from Brexit.
Large banks are getting ready to relocate out of the UK early next year over fears around Brexit, the British Bankers' Association (BBA) has warned. Writing in The Observer its boss Anthony Browne also says smaller banks could move operations overseas by 2017.
Spain has, for the first time ever, asked the annual Iberian-Latin American Summit for its support on the Gibraltar sovereignty question. It has asked the Colombian Government, as the organizers of the 28/29 October event to circulate the text for the summit to adopt a resolution for the resumption of sovereignty talks over Gibraltar.
Current Foreign Secretary Boris Johnson said the UK remaining in the EU would be a boon for the world and for Europe, a previously unpublished newspaper column reveals. He wrote the column in February, along with a pro-Brexit article that was later published in The Telegraph. Boris Johnson subsequently became a leading figure in the campaign to leave the European Union.
Amid fears of threats posed by protectionism, the BRICS countries have vowed to deepen economic engagement, tackle the global economic slowdown, and combat cross border terrorism. The leaders of the five emerging economies of Brazil, Russia, India, China and South Africa wrapped up a summit Sunday in Goa, in western India.
Gibraltar Deputy Chief Minister Dr. Joseph Garcia has said it should be possible for different parts of the British family of nations to enjoy varying degrees of participation with the European Union in the future. Dr. Garcia was speaking in Glasgow during the Scottish National Party conference, in the presence of Scotland’s Minister for Europe and International Development Dr. Alisdair Allan MSP.
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.