Aug 02 - Chamber of Commerce Welcomes Barclays' Decision to Stay in Gibraltar
The Gibraltar Chamber of Commerce has today welcomed Barclays’ decision to continue its operation in Gibraltar, even though employee numbers are set to drop over the next few months.
The Chamber explained that their board of directors has met with senior members of Barclays’ UK management team and have also been in contact with the All Party Parliamentary Group in the House of Commons. The efforts of the Chamber have been directed at persuading them of the value and viability of Barclays’ operations in Gibraltar.
Following last night’s power outage, which struck the whole of Gibraltar at 3:22 am, the Gibraltar Electricity Authority has claimed that the issue was caused by an earth fault, ‘which caused the voltage and frequency to plummet, thus activating the falling frequency protection which load shedded all main feeders.’
Gibraltar’s newest artificial reef was the topic of discussion in a recent lecture at the University of Seville. Professor of Marine Biology, Jose Carlos Garcia Gomez explained that the hollow concrete blocks are designed to both attract fish and to prevent certain types of fishing in prohibited areas.
