Tag: Brexit

• Thursday, October 13th 2016 - 21:11 UTC

  Travelers shocked at UK airports: £=€ 99 cents; Lord King says “weak pound is positive”

  

  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.

• Thursday, October 13th 2016 - 09:41 UTC

  Gibraltar attends SNP conference in Glasgow: shares Brexit concerns

  

  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.

• Wednesday, October 12th 2016 - 11:17 UTC

  Ireland support measures for the economy preparing for the impact of Brexit

  

  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.

• Wednesday, October 12th 2016 - 10:49 UTC

  UK official praises Mercosur new trade and integration focus

  

  Mercosur has “lost focus” because of years of political and ideological discussions instead of concentrating in trade integration, commented Nigel Baker, deputy head of the Foreign Office South America's department during a two day visit to Paraguay. The ex ambassador in the Vatican also anticipated that Brexit, UK leaving the European Union will help strengthen overall relations with Paraguay, one of Mercosur four founding members.

• Monday, October 10th 2016 - 10:14 UTC

  Brexit controversy: UK major business call on PM May to preserve free trade with Europe

  

  A group of major business lobby groups has written an open letter urging the United Kingdom government to preserve barrier free trade with Europe. The letter is signed by leaders of the Confederation of British Industry, CBI, and manufacturers' body the EEF.

• Wednesday, October 5th 2016 - 11:01 UTC

  London confident of a Brexit deal “suitable and adequate” for Gibraltar and UK

  

  United Kingdom's International Trade Secretary Liam Fox has said he is confident a Brexit deal could be struck that “will get a suitable and adequate response to the problems we face” both for Gibraltar as well as for the UK.

• Monday, October 3rd 2016 - 07:03 UTC

  PM May announces Brexit process should be over by 2019 with strong limits on immigration policy

  

  Prime Minister Theresa May said on Sunday that Britain would begin the process of withdrawing from the European Union by the end of March and suggested that she would seek a clean break that makes limits on immigration a priority.

• Friday, September 30th 2016 - 10:57 UTC

  Gibraltar border must be central to any Brexit agreement, says MEP Ashley Fox

  

  The Conservative Leader and Gibraltar MEP Ashley Fox is to tell the new Secretary for Exiting the European Union that Gibraltar and its border with Spain must be central to any new agreement with the EU.

• Thursday, September 29th 2016 - 20:08 UTC

  London dismisses bilateral dialogue over Gibraltar; “UK's position on sovereignty remains unchanged”

  

  Britain has dismissed a formal Spanish request for bilateral dialogue over Gibraltar, the Gibraltar Chronicle has published. A letter from acting Spanish Foreign Minister José Manuel García-Margallo was handed to the Foreign and Commonwealth Office by a senior official from the Spanish embassy in London on September 20.

• Wednesday, September 28th 2016 - 10:04 UTC

  Global trade set to grow at its slowest pace since 2009 financial crisis warns WTO

  

  The World Trade Organization Tuesday lowered its global trade forecast, warning that anti-globalization rhetoric and Brexit were pushing trade growth to its slowest pace since the financial crisis. The warning comes as talks on a landmark free trade deal between the European Union and the United States faces stiff opposition and Britain’s EU exit causes jitters.