BORROWING up to £400 million to pay for the new hospital is the most ‘balanced approach’, the Treasury Minister has said.
Search results
More ‘rainy day’ funds could be used for the new hospital
A LOAN to help cover the cost of the new hospital could be ‘significantly less’ than £400 million, the Treasury Minister has confirmed as he is considering using more funds from the Island’s rainy day fund.
Town homes plan may need redesign
ANDIUM Homes could be asked to redesign a major social housing development in St Helier in order to save a patch of green space in the parish.
Finance Centre interest ‘set to increase’
THE number of businesses interested in relocating to or opening offices in the Island will increase now that the first building of the Jersey International Finance Centre has been completed, the Treasury Minister has said.
Where have the 10,000 Jersey taxpayers gone?
THE number of people paying tax in Jersey fell by 10,000 between 2008 and 2014 despite the Island’s population increasing by more than 5,000, it has been revealed.
Rainy day fund returns to pay for hospital loan
A PROPOSED £400 million loan to cover most of the costs of building the new hospital would be paid for by returns on Jersey’s ‘rainy day fund’, the Treasury Minister has said.
New blow to hospital funding proposals
THE future hospital project faced a fresh blow today after a States watchdog raised concerns about the proposed funding mechanism for the £466 million scheme.
States are disorganised and complacent, claims Deputy
THE Island’s government is ‘disjointed and complacent’ and does not appear to be making any real progress, according to a States Deputy.
Start-up fund report sparks heated words
THE Chief Minister became embroiled in a heated exchange with the Reform Party yesterday and accused them of trying to ‘deliver instability’ in the Island.
‘Inadequate’ student loan scheme ‘not fit for purpose’
A LOAN scheme which offers higher education students £1,500 per year towards their studies needs a complete overhaul, a member of the Student Loans Support Group has said. The group, which has 1,000 members, was formed to enable parents and students to discuss the issues relating to higher-education funding.

