RGP logs £5.2m in fraud losses in Gib last year 

Queen’s Hotel residents living in squalid conditions set for relocation

16th March 2026

After decades of being shifted from hostel to hostel, Queen’s Hotel residents will soon be relocated to the new extension at the Sunrise Motel in a move that has been met with mixed emotions. Currently the residents live in squalid conditions at the Queen’s Hotel after they rejected relocation in November 2024 over concerns about...

RGP logs £5.2m in fraud losses in Gib last year 

16th March 2026

The total value reported as lost to fraud was £5.2m last year, the Royal Gibraltar Police has confirmed, a marked decrease which the force said is a result of enforcement and community awareness.  The RGP’s Economic Crime Unit (ECU) said it has seen a significant return on its preventive efforts this year and efforts have also been made by the Gibraltar Bankers’ Association with...

RFA Lyme Bay sails from Gib amid Middle East crisis

15th March 2026

The Royal Fleet Auxiliary vessel RFA Lyme Bay sailed from Gibraltar on Sunday against the backdrop of the Middle East crisis.  The ship spent much of this week loading supplies while berthed alongside the South Mole.  Earlier this week, the Ministry of Defence confirmed the vessel, which has been laid up in Gibraltar since late...

Local man jailed for two years for drug importation 

13th March 2026

A local man was jailed for two years and three months for importing drugs in Gibraltar, the Supreme Court heard.  Zyle Parody, 28, pleaded guilty to possession and importation of 45 grams of cocaine.  Parody was stopped at the land frontier by Customs Officers in September 2024 as he rode on his motorbike.  The court...

Campo to seek EU ‘special economic zone’ status 

14th March 2026

By Maria Jesus Corrales  Business organisations in the Campo de Gibraltar have prepared a document seeking special economic zone status from the European Union, in a move supporters say could boost competitiveness across the Strait area and attract billions in investment.  The proposal, drawn up by the Campo Chamber of Commerce and consultancy MC Valnera, calls on the Government of...

Commons again warned UK gaming tax hike could hit Gibraltar hard

11th March 2026

The House of Commons was reminded on Wednesday that the decisions it took could have “a huge impact” on Gibraltar, as a Labour MP warned that a planned increase to UK gaming taxes could “leave a huge hole” in the Rock’s economy. Gareth Snell used a Commons debate on the Finance Bill to warn that...

Spain’s Tax Agency announces seminar on treaty

11th March 2026

Spain’s Tax Agency has announced a web seminar on the application of the UK/EU treaty on Gibraltar. In a notice published on Wednesday, it said the seminar will take place on March 19 and is intended to explain the application of the agreement from April 10. Those wishing to attend are required to register in...

Revolut launches UK bank after long-awaited all-clear from regulator

11th March 2026

By Holly Williams, Press Association Business Editor Revolut is set to launch as a fully-fledged bank in the UK after securing the green light from regulators following a lengthy wait. The fintech said it received the all-clear from the Bank of England’s Prudential Regulation Authority (PRA) for a full banking licence, allowing it to offer accounts...