UK Govt 'committed' to supporting Gibraltar's people and economy

The UK Government says it is "committed to supporting Gibraltar, its people and its economy".

Baroness Chapman of the Foreign, Commonwealth and Development Office answered a written question in the House of Lords from Tory peer and former Armed Forces Minister, Lord Lancaster.

He referred to the £425,000 Gibraltar guarantee contingent liability set out in the FCDO's annual accounts for the past year, asking for what purposes this may be used.

Baroness Chapman cited the up to £500m loan guarantee provided by the UK in 2020 to support the Rock's economic recovery from COVID, adding that the Government of Gibraltar had drawn down £425m of this.