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Kevin A very significant number of fund administration and fiduciary businesses, as well as accounting firms, law firms and investment managers,are owned by local people who have a very strong loyalty to Guernsey. If we don't support them, Guernsey's finance industry will be well and truly dead. The banking sector is definitely declining but other sectors are resilient and will survive if we don't do anything stupid re zero-10. We are talking directly about several thousand jobs, and probably 2 or 3 times as many indirect jobs again if we get that one wrong. I totally agree with you that we should have diversified the economy 10-15 years ago, but in that period absolutely nobody has come up with any sustainable alternative industry. As we saw, LVCR was not sustainable. If you can think of anything economically viable and sustainable then we are all ears! The article says nothing of the sort - it's saying what many islanders are saying, which is don't introduce new taxes until more than the current lip service (in several but not all areas) has been applied to cut the ridiculously high cost of government.