Posted inNews

£200,000 ‘bitter pill’ for Woolies staff

ISLANDERS who were made redundant following the collapse of Woolworths could have claimed a total of nearly £200,000 in compensation if they had lived in the UK. It is believed that about 90 staff would have been able to claim a redundancy package which is paid by the United Kingdom government when a firm goes […]

Posted inComment, News, Voices

A threat to job security

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.

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 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.

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