Brexit will “neither defeat nor define” Gibraltar, Chief Minister Fabian Picardo said on Monday in a rallying call on the 25th anniversary of National Day, the last one before the UK and Gibraltar leave the European Union.
Bank of England Governor Mark Carney will stay at the central bank an extra seven months until the end of January 2020 to help smooth Britain's departure from the European Union next year, finance minister Philip Hammond told parliament on Tuesday.
Oil and gas platforms could have to be shut down if a deal on Brexit leads to difficulties accessing skilled workers, according to an industry report. The warning comes in Oil and Gas UK's latest economic report which said delays in accessing labor markets from EU countries have the potential, in some instances, of leading to production being shut in.
Conservative MPs opposed to Theresa May's Brexit plan have met to discuss how and when they could force her to stand down as prime minister. Around 50 members of the European Research Group (ERG) openly discussed how best you game the leadership election rules, a source said quoted by BBC.
Protracted Brexit talks are weighing on the recovery prospects of Jaguar Land Rover, according to its Indian owner. The focus of Tata Motors, which bought JLR in 2008 from Ford, is to ensure the automaker remains financially strong in the face of the challenges, Tata Sons Chairman Natarajan Chandrasekaran said in an interview over the weekend. Tata Sons is the parent of Tata Motors.
Sterling surged against the dollar and Euro on Monday after the European Union's chief negotiator said a Brexit deal was “realistic in six to eight weeks”. For the second time in less than a week, Michel Barnier has signaled his desire to move ahead on the Brexit negotiations, less than seven months before the United Kingdom is slated to leave the European Union on March 29, 2019.
The United Kingdom economy bounced back in July as the services sector rebounded and construction output reached a record high. The Office for National Statistics (ONS) said the economy expanded 0.3% in July, while gross domestic product (GDP) rose 0.6% on a three-month basis.
A total of 32 parliamentarians will be coming to Gibraltar on a working visit to participate in the BOT's National Day events, September 10. That number includes Members of the House of Commons, of the House of Lords, of the Northern Ireland Assembly and of the European Parliament.
British prosecutors named two Russian men, believed to be officers in Russia's intelligence service, they believe were behind the nerve agent attack on a former Russian spy and his daughter in the U.K. earlier this year. They named the men as Alexander Petrov and Ruslan Boshirov, and said they are officers in Russia's foreign military intelligence agency, the GRU.
Data released in an academic-led report on Wednesday shows that 59% of UK voters would now vote to remain in the EU, versus 41% who would vote to leave.