Mon 2 Nov 2026
FTSE 100 10,736.60 -0.29%Microsoft 521.91 -0.50%NVIDIA 204.64 -3.00%Apple 344.63 -0.89%Google 278.22 -12.31%S&P 500 7,580.07 -0.57%Nasdaq 25,437.00 -2.00%Dow 51,770.31 -0.85%Russell 2000 2,811.84 +1.29%US 10Y Treasury 4.93% -1.14%Euro Stoxx 50 6,157.18 -0.12%DAX 25,888.75 +1.88%AEX-Index 1,134.77 -0.44%Nikkei 225 63,081.86 -0.29%Hang Seng 23,393.32 +0.78%Gold $3,908.90 -3.52%Silver $50.28 -5.94%Brent Crude Oil $108.63 -5.80%Natural Gas $2.93 +3.83%Copper $6.53 -1.70%GBP/USD 1.3415 +0.52%GBP/EUR 1.1964 +0.18%GBP/AUD 1.9137 +0.67%Bitcoin (USD) $77,762 -0.02%Ethereum (USD) $2,283 +1.48%FTSE 100 10,736.60 -0.29%Microsoft 521.91 -0.50%NVIDIA 204.64 -3.00%Apple 344.63 -0.89%Google 278.22 -12.31%S&P 500 7,580.07 -0.57%Nasdaq 25,437.00 -2.00%Dow 51,770.31 -0.85%Russell 2000 2,811.84 +1.29%US 10Y Treasury 4.93% -1.14%Euro Stoxx 50 6,157.18 -0.12%DAX 25,888.75 +1.88%AEX-Index 1,134.77 -0.44%Nikkei 225 63,081.86 -0.29%Hang Seng 23,393.32 +0.78%Gold $3,908.90 -3.52%Silver $50.28 -5.94%Brent Crude Oil $108.63 -5.80%Natural Gas $2.93 +3.83%Copper $6.53 -1.70%GBP/USD 1.3415 +0.52%GBP/EUR 1.1964 +0.18%GBP/AUD 1.9137 +0.67%Bitcoin (USD) $77,762 -0.02%Ethereum (USD) $2,283 +1.48%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 12°C SunnyBirmingham 10°C SunnyManchester 10°C OvercastNewcastle 10°C SunnyBristol 10°C SunnyPembroke 11°C SunnyEdinburgh 8°C OvercastBelfast 10°C OvercastInverness 10°C OvercastPenzance 12°C SunnyHolyhead 11°C SunnyNorwich 11°C Patchy rain nearby
More Info

Gibraltar Border Barriers Demolished: A New Era Begins

Advertisement
Follow News in 60 on Facebook

Spain has begun dismantling border barriers at Gibraltar, marking a significant shift in the region’s access and governance. This demolition is part of a new Brexit agreement that will create a frictionless border, allowing around 15,000 daily cross-border workers to move without checks. The changes will take effect on July 15, with passport controls moving to Gibraltar’s airport instead.

The removal of the border infrastructure is historic, as it ends over 300 years of physical division since the capture of Gibraltar. This agreement not only facilitates easier movement but also aligns Gibraltar more closely with the EU’s Schengen zone, despite its status as a British Overseas Territory. The implications for local economies are profound, as daily inspections could have crippled Gibraltar’s economy.

Additionally, Spain will gain a say in residency permits for Gibraltar, prompting a rush of applications from residents eager to secure their status before the new rules take effect. The Rock will also align its tobacco prices with Spain and introduce a VAT-style sales tax, indicating a shift in economic policy.

This treaty, the first significant accord since the 1713 Treaty of Utrecht, represents a new chapter for Gibraltar, with potential benefits for businesses and residents alike. The agreement is expected to be formally signed on July 13, further solidifying this transformative change in the region’s governance and economic landscape.

Source: GB News

Read more UK news →

News Category: UK Tags: border, brexit, economy, gibraltar, spain

Leave a comment

Your email address will not be published. Required fields are marked *