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Fact of the matters that Guernsey Government could have prevented the loss of LVCR by not encouraging HMV to come to Guernsey by letting the old Post Office building to them, thus putting us in the spotlight, they then followed this up by not passing any legislation to allow them to control the growth of this business, unlike Jersey with their Regulation of Undertakings Law. They saw it as an easy growth opportunity, without regard to the consequences, as a result of which, genuine local businesses which had been using the LVCR concession became tarred with the same brush as HMV, and Tesco, who only moved to Guernsey when Jersey asked them to leave. Short term thinking versus long term strategic planning.....sound familiar?
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