A new States-funded body is due to take over the roles of Jersey Business Venture and Jersey Enterprise at the start of next year, and it has been confirmed by Economic Development Minister Alan Maclean that that the new organisation will be called Business Jersey and will handle most aspects of supporting primarily non-finance local business development.

Senator Maclean said that plans were being advanced by a working group from the Economic Development department and Jersey Business Venture.

• See Thursday’s JEP for full story