UK, Spanish and Gibraltan governments have tied up a tax agreement for the disputed territory (Image: Getty Images)
It is understood the UK, Spanish and Gibraltan governments have tied up a tax agreement for the disputed British overseas territory which will end attempts by Spain to take control of the Rock. The agreement will apply even in a no-deal Brexit. It comes amid further claims from leading economists that a no-deal will be good for Britain. A source close to Gibraltar's Chief Minister Fabian Picardo said: "The Spanish cabinet is to agree measures to apply in no-deal and sign a tax agreement in relation to Gibraltar. The UK Government is expected sign it on Monday."
Spain had been trying to use the Brexit negotiations to force Britain to make concessions or hand Gibraltar over altogether.
The new trilateral deal ensures that whatever happens with Brexit its status as a British territory with access to Spain will be respected.
The UK and Gibraltar governments last night declined to comment until the deal is formalised. The boost to the Government comes as a report by think tank Global Britain has revealed that the eurozone has cost the UK £82billion over the past 20 years.
The report, backed by former trade minister Lord Lilley and ex-Cabinet minister Esther
