Confidence rising in Jersey’s finance sector

The quarterly findings show that business activity and profitability have increased and that expectations of future growth in employment in the industry are at their highest level since records began in 2009.

However, the information also reveals a dip in confidence in the construction sector compared to the last set of results.

The survey asks questions of private businesses in the Island, asking their opinions on their current situation compared to the previous three months, and also for their expectations for the next three months.

The finance sector’s business activity results were ‘strongly positive’ and showed a return to a level similar to that seen during the first six months of last year.

Profit expectations for the industry remained high, with almost 75 per cent of respondents anticipating that 2016 takings would be greater than the previous year.

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