Gibraltar Chronicle Logo

Local News

Local News

Govt says change to telecom law was ‘completely transparent’

The Gibraltar Government has hit back at Gibfibre in the row over a change to Gibraltar’s telecommunications law to prohibit new licences for mobile telephone networks in Gibraltar. Gibfibre had said the new legislation was rushed through Parliament and threatened the integrity of Gibraltar’s business environment, potentially opening the door to “monopolistic practices” in the...

Local News

As investing becomes mainstream, GFSC issues sage advice to youngsters

Over the past decade investing has become more accessible and as the Gibraltar Financial Services Commission marks the start of World Investor Week today, the message is that financial literacy amongst youngsters is imperative. The weeklong global campaign promoted by the International Organisation of Securities Commissions is aimed at raising awareness of the importance of...

Local News

Poppy appeal raises funds and honours lives lost in war

A Poppy appeal raising funds towards the Royal British Legion took place across Gibraltar on Friday, ahead of Remembrance Sunday. Stations distributing poppies were set up across the Rock, creating awareness of lives lost in various conflicts from the First World War onwards while raising funds to support veterans and the running of the Royal...

Local News

Alba’s wish comes true

When Abla Morales Llufrio blew out the candles on her eighth birthday, she wished for a trip to Disney World when her cancer treatment was over. Months later, her dream will come true after a fundraiser was opened and almost £12,000 was donated. Alba was diagnosed with Acute Lymphoblastic Leukaemia last year and she receives...

UK/Spain News

UK/Spain News

Bank of England cuts interest rates as borrowing costs to fall ‘gradually’

By Anna Wise, PA Business Reporter UK interest rates have been cut for the second time this year, as the Bank of England forecast a “gradual” reduction in borrowing costs despite uncertainty following the autumn Budget. The Bank’s Monetary Policy Committee (MPC) announced that rates were being reduced from 5% to 4.75% on Thursday. Governor...

UK/Spain News

PM would ‘welcome’ Trump visit as ‘steadfast’ supporter of special relationship

Sir Keir Starmer would welcome a visit by Donald Trump to Parliament, Downing Street has said, describing the president-elect as a “steadfast” supporter of the UK-US “special relationship”.  The Prime Minister congratulated the Republican politician on a “historic election victory” after American voters returned him to the White House on Wednesday.  Number 10, which is...

UK/Spain News

Spain seizes record 13-tonne cocaine haul in Algeciras

Spanish police and customs officers seized over 13 tonnes of cocaine in the port of Algeciras, the single largest haul of the drug in the country’s history and one of the largest on record anywhere in the world. The drugs were stashed among a consignment of bananas from Ecuador and were discovered on October 14,...

UK/Spain News

Dame Priti Patel appointed shadow foreign secretary

By David Lynch and Caitlin Doherty, PA Political Staff Dame Priti Patel has been appointed shadow foreign secretary by new Conservative leader Kemi Badenoch, with Mel Stride appointed shadow chancellor. The two former Tory leadership candidates were the first appointments Ms Badenoch has made to shadow the so-called “great offices of state”: the Foreign Secretary,...