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Healthcare support scheme for older Islanders expanded

A SCHEME which helps lower-income Islanders to access healthcare has been expanded. The Pension Plus initiative, which provides support with dental, optical and chiropody costs, will now be available to pensioners with assets of up to £64,000 (up from £30,000), who are receiving a Jersey old-age pension or have ‘entitled’ status and do not pay […]

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Minister to pursue minimum wage/living wage alignment

THE government has thrown out a report undertaken by ministers under the previous administration which found that aligning the minimum wage and living wage was neither “feasible or desirable”. Social Security Minister Lyndsay Feltham delivered the message during States question time yesterday when asked by Deputy Hilary Jeune how plans were progressing to determine a […]

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Higher Jersey savers’ rates ‘driving up mortgage costs’

JERSEY’S notoriously high mortgage rates are being fuelled by a banking policy geared towards expanding the Island’s finance industry, an investigation has revealed. Consumer experts have long warned that Islanders are paying a “Jersey premium” of around 1% more on their mortgages compared to UK homeowners – adding hundreds of pounds onto monthly repayments. Following […]

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Mortgage grace period rejected

A PROPOSITION which would have protected Islanders from having their homes repossessed for 12 months after missing a mortgage payment has been rejected. Reform Jersey Deputy Geoff Southern had called for Chief Minister Kristina Moore – in consultation with Treasury Minister Ian Gorst – to engage with local mortgage and credit providers to support those […]

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JT’s £500m Manx Telecom deal could unlock further Crown Dependency growth

A LANDMARK deal for JT to purchase Manx Telecom in a move which could pave the way for further expansion across the Crown Dependencies reinforces Jersey’s “commitment to digital leadership and economic resilience”, according to the Treasury Minister. The £500 million acquisition – backed by the infrastructure investment arm of Jersey-based private equity firm CVC […]

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