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Gib registers property deals worth £366.5m during bear market, with all eyes now on treaty

Gibraltar’s real estate agencies closed deals worth £366.5m in total last financial year, during what seasoned professionals described as a downturn or realignment of the market after a post-Covid boom. Figures from the Office of Fair Trading [OFT] have shown that despite Gibraltar’s real estate sector being in a “bear market”, investors and locals alike...

Local News

Govt plans temporary site and extension to meet St Martin’s School demand

The Gibraltar Government is using a temporary site for additional classrooms for St Martin’s School, while working on plans for permanent extension to meet increased demand. This comes after years of increased demand for the school which saw the building at capacity just a year after it was opened. By September 2022, St Martin’s School...

Local News

Firefighters tackle Coviran blaze as building shows potential signs of collapse

The Gibraltar Fire and Rescue Service [GFRS] tackled a major fire at Coviran in Devils Tower Road, with the building showing potential signs of collapse on Sunday night. The GFRS declared a major incident after the fire broke out on Sunday evening. "Crews currently dealing with significant fire at the old Coviran building on Devil's...

Local News

Pleasure boat sinks after early morning collision off Detached Mole

A locally registered private pleasure craft sank after a collision with a privately owned harbour craft by the southern part of the Detached Mole during the early hours of Friday morning. There were no injuries in the incident, with the owner of the sunken vessel brought back ashore by the other vessel involved. The incident...

Local News

Govt ‘categorically’ rejects Unite’s claim SNLSAs are underpaid

The Gibraltar Government has “categorically” rejected claims by Unite that Special Needs Learning Support Assistants [SNLSAs] are underpaid, adding it will “not entertain unjustified sectoral reviews”. No.6 Convent Place was reacting after the union announced a demonstration next week in support of SNLSAs who it said felt “underpaid and undervalued” despite the crucial role they...

Local News

Ernest Montado, distinguished civil servant, dies aged 72

Ernest Montado CBE, a highly respected former civil servant with a lifelong dedication to Gibraltar’s governance and diplomacy, died on Friday aged 72. The news of Mr Montado’s death was received with great sadness by the Gibraltar Government, which said he had left “left an indelible mark on the Gibraltarians”. Mr Montado was Chief Secretary...

Local News

Fifth warmest January for Gibraltar as global record is broken

Globally, last January was the hottest on record and in Gibraltar the Met Office has confirmed local statistics show locally this was the fifth warmest January on record. January 2025 did not break any records in Gibraltar although the daily mean temperature recorded by the Met Office was 14.7°C, which was 1.0°C above the 30-year...

UK/Spain News

UK/Spain News

Bank of England cuts rates but slashes growth forecast in blow to Labour

By Alex Daniel, PA Business Reporter The Bank of England has cut interest rates to 4.5%, but painted a gloomy picture for the UK economy by halving its growth forecast for this year and predicting a surge in inflation. Policymakers voted for a quarter-point reduction on Thursday, after similar cuts in August and November last...

UK/Spain News

Commons Speaker pays tribute to his father, former Labour MP Doug Hoyle

By Christopher McKeon, PA Political Correspondent Commons Speaker Sir Lindsay Hoyle paid tribute to his father Lord Doug Hoyle at a memorial service in Westminster earlier this week. Lord Hoyle, a Freeman of the City of Gibraltar and trustee of Calpe House, had strong affection for Gibraltar and its people, who he championed throughout his parliamentary career. Dignitaries including former...

UK/Spain News

UK will ‘stay resolute’ in commitment to working with US and EU, says Starmer

By PA Political Staff Sir Keir Starmer has said the UK will “stay resolute” in its commitment to working with both the US and the EU as he insisted that Britain is “not choosing between” them. The Prime Minister also said he has been clear that both relationships “are important to us”, when asked if...

UK/Spain News

Heathrow’s third runway plan backed by Rachel Reeves

By Neil Lancefield, PA Transport Correspondent Chancellor Rachel Reeves has given her support for a third runway at Heathrow Airport. In a speech in Oxfordshire on growth, she said the west London airport’s expansion is “badly needed” because “for decades its growth has been constrained”. Heathrow’s plan to build a third runway received parliamentary approval...

UK/Spain News

King pays tribute to Holocaust survivors amid Auschwitz commemorations

By Tony Jones, PA Court Correspondent in Krakow The King has said the testimony of Holocaust survivors teaches us to “never be a bystander in the face of violence and hate” as he met those who lived through one of humanity’s darkest hours. Charles visited the heart of Krakow’s Jewish community as commemorations began marking...

UK/Spain News

Starmer welcomes ‘overdue’ Gaza ceasefire and mourns Britons lost in conflict

By Nina Lloyd and Ellie Ng, PA Sir Keir Starmer has welcomed the Gaza ceasefire and hostage deal as “long-overdue news” and paid tribute to “the British people who were murdered by Hamas. The UK Prime Minister said Britain would join its allies in continuing work to “break the cycle of violence and secure long-term...

UK/Spain News

UK will be ‘AI superpower’, says Starmer as he unveils plans to boost growth

By Nina LLoyd, David Hughes, David Lynch and Christopher McKeon, PA The UK will be an AI “superpower”, Sir Keir Starmer said as he unveiled plans to expand use of the technology in a bid to boost growth. The Prime Minister conceded there would be “teething problems” involved in the process but insisted changes would...