David Warr, president of the Chamber of Commerce, said that Senator Philip Ozouf’s comments were an attack on hard working and honest retailers and wholesalers.

‘To make the assertion that he doesn’t believe doing business in Jersey is generally more expensive than in the UK is an attack on the whole business community which he is clearly accusing of making excessive profits,’ Mr Warr said.

In a report published on the front page of Saturday’s JEP, Senator Ozouf called on those importing and selling tobacco products, alcohol and petrol to explain why their margins after duty and taxes were removed appeared to be so high.