
STATES payroll costs are rising well above inflation, despite a government pledge to control expenditure.
STATES departments have a whopping £400m. shopping list for capital projects.
TREASURY minister Charles Parkinson today unveiled a conservative Budget as he admitted for the first time that the island was sliding into recession.
GLOOM, economic turmoil, stagnation, depression… The picture of the global economy painted by the Treasury minister’s first Budget is unremittingly downbeat.
AURIGNY lost more than £1m. in the first eight months of the year - but there is no likelihood of the States-owned airline being sold.
GUERNSEY is set for a recession, Treasury minister Charles Parkinson has predicted.
TOMORROW sees the announcement of Guernsey’s 2009 Budget, Charles Parkinson’s first as Treasury and Resources Minister.
With Guernsey’s Budget due later this week, Teodora Vallone, senior tax manager at Ernst & Young, looks at Treasury minister Charles Parkinson’s revenue-raising options and considers the impact a goods and services tax would have.
Facing economic Armageddon
With the release of the Budget and a recession on the horizon, Nick Mann asks if the States has got the stomach to face the tough decisions ahead?