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Secretary Boris Johnson said the UK remaining in the EU would be a boon for the world and for Europe, a previously unpublished newspaper column reveals.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.
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.
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.
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.