• Garcia updates Liberal Democrats as conference season begins
  • Garcia updates Liberal Democrats as conference season begins

    The Deputy Chief Minister Dr Joseph Garcia has said that although Gibraltar prefers a treaty to govern our relationship with the European Union, there are fundamental red lines which the Government is not prepared to cross in order to achieve it. Dr Garcia was speaking in Brighton today at the annual party conference of the U.K. Liberal Democrats. 

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  • Holland And Barrett Vitamins Gibraltar Offer

Mar 12 - 8th March Power Cut Fault of Human Error

gib elecThe Gibraltar Electricity Authority have apologised for any inconvenience to the public on account of the power outage that occurred on Friday 8th March 2013 affecting 5 districts of consumers. The outage occurred at approximately 00.08 hrs with all consumers having power restored by about 00.11hrs.

The power outage was as the direct result of human error. An operator in GMES power station control room inadvertently shed the load of the generators too quickly as part of the operation of shutting down the engines in the south district power station/s for the night. This action caused the system frequency to drop below 1.5 Hertz for over 50 milliseconds thus activating the falling frequency load shedding protection to be activated.

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Mar 12 GSD - What is happening at the Gibraltar Savings Bank?

GSD GibraltarThe GSD is concerned about reports it has been receiving of local banks allegedly losing long standing (in some cases, high net worth) customers to the Gibraltar Savings Bank. If true, this would be a worrying development, especially following the concerns raised on behalf of the Gibraltar Bankers’ Association.

We have previously highlighted that the Gibraltar Savings Bank is not regulated by the Gibraltar Financial Services Commission, and in addition we have expressed concern that if it is to expand its services into mainstream banking services it should have an experienced and independent managerial team with a fully staffed compliance function. It is also noteworthy, that the Gibraltar Savings Bank does not enjoy solvency and capital buffers which protect normal banks, as required by international standards of banking regulation.  All these necessary and normal requirements obviously add to the cost of doing business for an ordinary bank.  

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Mar 12 - GSD Urges Government Not to Forget Alameda Estate

gsdThe GSD has recently claimed that residents of Alameda House have on numerous occasions over the last year registered complaints at the GSD offices regarding the terrible state and total unreliability of the lifts in their building.

The Opposition insist that the residents, ‘most of whom are senior citizens and include wheelchair users, have once more brought to our notice the fact that the lifts, particularly the one at the northern end of the block, give such cause for concern that they are afraid to use them even when they have been 'temporarily repaired’.

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