Huelin-Renouf loss ‘not a threat’ says chief minister
Friday 23rd August 2013, 1:52PM BST.
LOSING one service provider does not pose a strategic threat to the island while others can pick up the slack, the chief minister has said.
Deputy Peter Harwood gave his personal reaction to the collapse of freight company Huelin-Renouf for the first time.
Initially, Jersey had considered an emergency takeover bid to protect its interests.
But while Deputy Harwood said it was unfortunate that a company such as Huelin-Renouf had fallen, he did not believe it posed a strategic threat to Guernsey.
‘The States of Jersey has a different view in that it is a strategic issue for them,’ he said. ‘It’s more of a competition issue for Guernsey, having one main operator, and the feeling is that can be dealt with through regulation.’
He acknowledged that in the past the States had stepped in to secure services, such as the purchase of Aurigny and the island’s fuel tankers.
However, Deputy Harwood said this situation was different. ‘There certainly are instances when government will have to get involved because there is a strategic threat,’ he said.
‘But there is no strategic threat when you lose one supplier unless that supplier is the only supplier on the island.’