• Chief Minister Meets FS Lord Cameron And OT Minister Rutley
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Mar 12 - Number Six: Opposition “Must Not Reduce Court Claims To Party Political Pettiness”

The Opposition must have a chip on their shoulder given the nature of their reaction to the news that another claim, this time for £27 million, has been brought against this Government for events that occurred in the time of the previous administration in relation to Waterport Terraces, according to the latest statement from the Government.

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Mar 11 - Debt Continues To Hit Record Highs Says GSD

The Leader of the Opposition has today said that Government Net Debt continues to hit record highs. In addition, the GSD says “it is now clear beyond any argument that the Government is using Credit Finance Company Limited and the Gibraltar Savings Bank (“the GSB”) in order to fund its expenditure and projects.”  As a consequence,says the Opposition, the combined debt of this community is around £800 million, which it says it “nearly twice as much as the amount the Government could legally borrow if it did so directly.”  The GSD says that these “eye watering figures” are all the more remarkable given that in 2011 Mr Picardo claimed that the GSD was “addicted to debt”, when net debt was £240 million.

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