DITCHING EU! Gibraltar commits to Hard Brexit as it drops hope of deal with Brussels
The tiny British enclave on Spain’s southern tip, with a population of 30,000, is home to around 15,000 companies and is a major provider of insurance and gambling services.
Its low tax rates have been a big bone of contention with Madrid, which ultimately claims sovereignty over the Rock, even though Spain runs similar offshore tax havens in Ceuta and Melilla.
Gibraltarians voted by an overwhelming 90 per cent to remain in the EU during last June’s referendum, although the vote to leave has not increased support for severing ties with Britain.