THE worst-case scenario outlined by the three wise heads of the Fiscal Policy Panel, which would involve a ten per cent drop in tax revenues and a public-sector deficit of up to £250 million run up over the next three years, speaks volumes about the depth of the present economic crisis.
Search results
Posted inNews
Boxing Day moved to 28 December
The Boxing Day bank holiday is to be moved to Monday 28 December this year, the States decided yesterday.
Posted inNews
Online gaming a step closer
THE States paved the way for a Jersey internet gambling industry yesterday when Members unanimously approved the establishment of a Gambling Commission.
Posted inBusiness, News
A boost for ferry business?
SEA travel could become more important to the Island in the coming year – if the price is right. Figures for January to October last year show that, overall, the number of passengers arriving in the Island by sea fell by nearly six per cent. The UK route carried 342,543 passengers during the ten months […]
Posted inNews
Scrutiny to delay depositor scheme
PLANS to protect Islanders who lose money in failing banks will be delayed for a review.
Posted inComment, News, Voices
Meeting targets on jobs
AGAINST the background of the credit crunch and the many economic challenges currently faced by the Island, the recently announced increase in the number of public-sector employees was surprising. The figures clearly do not tally with earlier warnings about possible job cuts among States workers.
Posted inNews
Motor price probe
THE prices set by car dealers and the amount of profit they make is to be investigated. A major review into the Island’s motor trade industry has been launched today by the Jersey Competition Regulatory Authority. The Island’s competition watchdog wants to hear from the public on their experiences of purchasing and importing new cars […]
Posted inComment, News, Voices
There is a new free thinker in the States – a ring binder
I CAN recall years ago reading a report of a hustings meeting in which an experienced Senator, trying to put down one of his younger, brasher and less experienced opponents whose down to earth comments were clearly getting him votes, said of his challenger that he was ‘amazed he could do his own coat buttons up’.
Posted inBusiness, News
Third supermarket doubts
THE new Minister for Economic Development says he will ‘need to be persuaded’ about the arguments for a third large supermarket in Jersey. Senator Alan Maclean was commenting on a survey commissioned by the Economic Development department at the end of last year. According to the survey findings nearly two-thirds of the respondents think the […]
Posted inNews
Town Park: Not by 2012, say ministers
THE prospect of the Town Park being built by 2012 has been virtually ruled out by the Council of Ministers.
