Following months of consultation and years of planning, ground could be broken at the Esplanade car park – the future site of six buildings that would make up the Jersey International Finance Centre – in March next year.

It comes after Senator Philip Ozouf approved the release of £13 million to build part of the underground car park planned for the site.

However, work will only begin once legally binding ‘pre-let’ agreements have been finalised, according to the Jersey Development Company, which is handling the project.