Lib Dems approve Jersey's status as a finance centre

The comments were made to Treasury Minister Philip Ozouf during a three-day visit to the party’s conference in Birmingham aimed at strengthening the Island’s links with the UK.

It follows a positive week for the industry, which has just celebrated its 50th birthday, in which the EU gave Jersey’s controversial business tax system, zero-ten, the thumbs up and described it as ‘no longer harmful’.

Among the comments made to the Minister this week was one from Business Secretary Vince Cable, a long-term critic of Jersey’s offshore status, who said ‘there were no issues with Jersey he was aware of’.