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Deputy urges Jersey government to have at least 30% GVA in 'rainy day fund'

A PLAN to boost a government reserve fund to safeguard against future economic crises will be put in place, if a proposal from a backbencher is […]

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Andy Sloan: Public wailing and gnashing of teeth, anyone?

Our economic future is in a precarious position, we’re losing Aurigny’s jet, and road closures are causing costly chaos – and the fact that so few people are talking about these problems is concerning Andy Sloan...

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Helyar presents 2024 Budget with warning about 'far-reaching' amendments

Treasury lead Mark Helyar painted a bleak picture of States finances as he presented his fourth annual Budget to the Assembly.

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'Worst of the inflationary pressures are behind us,' says Jersey's chief economist

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...

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Jersey's property market conundrum | Jersey Evening Post

THE first sign that Jersey’s once booming housing market had finally started to cool emerged last month when figures revealed the average cost of a home during the spring was £666,000 – down £20,000 against the same period in 2022. The figure w...

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Inflation in Jersey likely to reduce in the wake of UK energy price drop

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...

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Profits in Jersey's finance industry soar – but warning of inflation risk

PROFITS in the financial sector rose by as much as 50% last year, driving economic growth in the Island.And the industry expects a further 11% growth next year, according to a panel of experts – but they have warned that wage increases could keep i...

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NatWest executive appointed interim chief executive of the Government of Jersey

A SENIOR executive at NatWest has been appointed as the government's interim chief executive.Dr Andrew McLaughlin, who is chief executive of commercial and institutional, non-ringfenced bank at NatWest in London, will take up the role on 5 September....

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'The cost of going carbon neutral should shock us into opting out of an utterly nonsensical scheme'

By Ted Vibert I WOULD like readers of this article to join me in an exercise in business logic by imagining that they are on the board of directors of a large manufacturing company that makes and sells 300 million tins of baked beans each year, on wh...

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