The British Empire was pink so what is his problem. Just to demonstrate what a non story this is the Home Office has already invited companies to design and supply the new blue one. When I was at school we only ever knew Britain as pink.
We haven't inherited the earth from our parents, we have borrowed it from our children.
What exact value to this country does Gibraltar have?
A piece of rock off of the Spanish coast population just over 32,000.
At the times of empire through to the two world wars and the cold war it was of strategic value but now?
Well as Percy pointed out if they want to stay in the common market let them.
I think the answer lies in the number of British companies that have their head office or technology centres there.I know at least three Bookmakers or betting web sites are based there and as a result pay lots less tax.Its a great place for money laundering I visited one technology centre that was simply a room in a Hotel but was responsible for multiple betting opportunities.