THE level of investor protection in Jersey could increase, it was suggested at the latest meeting of the Economic and International Affairs Scrutiny Panel. Investors are protected by the Depositors Compensation Scheme – introduced by the States in 2009 – which guarantees up to £50,000 per Jersey banking group, for local and international depositors. But […]
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Tinker with politics at your peril. Pursuing populist causes on a whim rarely turns out well
By Richard Digard WELL, well, well. Three years after kicking them out, the States of Jersey has just voted to bring back Senators. Not, I suspect, that many people care. Other than, perhaps, those who aspire to becoming first among equals and gain a grander title. As for the restof the Island – who votes […]
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Less than a fifth of free period product scheme budget spent
LESS than a fifth of the £500,000 budget set aside for the government’s free period product pilot scheme has so far been used, a freedom of information request has revealed. And a significant amount of that budget was spent on marketing the much-criticised initiative – which was offered as an alternative to removing GST from […]
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Move to help Islanders obtain credit and loans
CHANGES to the way credit reference agencies access Islanders’ data are being proposed by the government to stop the drain of providers from Jersey. By early 2024, the government aims to supply the agencies with access to data from the People Directory, a central repository that holds address and contact details of the general public. […]
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Government ‘focused’ on support for Jersey's home carers
THE Social Security Minister has said the government ‘remains focused’ on ensuring people who need care and their carers are ‘appropriately supported’, in response to a letter from a concerned JEP reader. In her letter, Kay Donnelly – who looks after her 91-year-old mother – said she had reacted with ‘dismay’ when she found out […]
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Jersey lenders asked to explain why Island mortgage rates are higher than UK
ISLAND lenders have been handed a deadline to explain why their mortgage rates are higher than those in the UK. Jersey Consumer Council chair Carl Walker this morning sent a letter to mortgage providers requesting a “detailed explanation” justifying the discrepancies and giving them three weeks notice to respond. Housing Minister Sam Mézec and Treasury […]
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“They were an amazing partner”
“THE last few days have been tinged with sadness,” said Ports of Jersey chief executive Matt Thomas, reflecting on Blue Islands ceasing trading and going into liquidation. Most of the airline’s employees have been made redundant, with liquidators Ernst & Young stating on Wednesday that 12 staff had been retained to support the winding down […]
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Tussle over plans to spend £1bn of public money begins
BUDGET plans by the Council of Ministers remained on track following the opening stages of the debate that will set the Island’s financial course for the next four years. Introducing the main proposition yesterday morning, Treasury Minister Elaine Millar said: “This Budget is not only a financial plan for the coming year, but also provides […]
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Minister opens £500 Community Costs Bonus scheme early
THE government has launched its 2023 Community Costs Bonus scheme earlier to give lower-income Islanders help with rising costs ‘as soon as possible’. The one-off bonus – which will remain at £516.50 for another year – will be available to the hardest-hit Islanders from today. Social Security Minister Elaine Millar said she was ‘committed’ to […]
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EVie: ‘We are doing everything we can to avoid job losses‘
THE suspension of the Island’s 175 rental e-bikes due to insurance difficulties has prompted fears of job losses and calls for government action. EVie’s fleet of bikes was pulled from service over the weekend after the company was given ten working days’ notice by its insurance provider about the withdrawal of cover. Chief executive Nick […]
