Tom Holvey News Today

WE are over the worst of it, Jersey’s chief economist has said following the release of the latest inflation figures – despite the Island’s rate remaining significantly higher than in the UK and other Crown Dependencies.High housing costs conti...

JERSEY can take control of its economy to insulate it from poorer global economic outlooks, according to the government’s chief economic adviser Tom Holvey.Ahead of Economic Development Minister Kirsten Morel’s publication of the Future Economy P...

STRUGGLING Islanders received a long-awaited glimmer of hope yesterday after a surprise drop in UK inflation saw the Bank of England freeze interest rates for the first time in almost two years.Following 14 consecutive hikes which have added hundreds...

INFLATION in the Island is due to fall as a dramatic drop in UK energy prices starts to filter through, experts have said.The UK yesterday recorded a sharp decrease in inflation – down from a peak of 11.1% in October and 7.9% in June to 6.8% – in...

JERSEY remains ‘vulnerable’ to UK food inflation due to imports – but the Island’s home-grown production of fruit and vegetables has helped mitigate rises on fresh produce – according to the British Retail Consortium.The trade association a...