Left to right: Mark Thompson, Tamara Menteshvili, Gus Black and Paul Wilkes.

BEING over-competitive with Jersey is not in Guernsey’s best interests, a business audience has heard.

Panellists at the latest in the Collas Crill series of seminars looked at how the two islands could work together or influence each other in their external dealings and quest for business.

Mark Thompson, managing director of KPMG in the Channel Islands, said he saw plenty of scope for the two islands to work with one another. He said a common approach to outside pressures was far more favourable than trying to deflect blame to the other island.

Cooperation in the lobbying efforts in relation to the EU’s alternative investment fund managers directive was a perfect example of this, as was the setting up of the joint Brussels office to represent the interests of Guernsey and Jersey, he said.

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