STATES payroll costs are rising well above inflation, despite a government pledge to control expenditure.
This Is Guernsey
Charles Parkinson
Allowance rise a big surprise
PREPARED against a backdrop of financial uncertainty, the 2009 Budget has thrown up some surprises, according to Fran Snoding, a director of Fortis Reads Private Clients.
£400m. wishlist means States set to borrow
STATES departments have a whopping £400m. shopping list for capital projects.
Budget lets you keep more of your money
TREASURY minister Charles Parkinson today unveiled a conservative Budget as he admitted for the first time that the island was sliding into recession.
Budget 2008 makes for a grim read
GLOOM, economic turmoil, stagnation, depression… The picture of the global economy painted by the Treasury minister’s first Budget is unremittingly downbeat.
Aurigny losses top £1m. but sale ruled out
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 heading for its own recession
GUERNSEY is set for a recession, Treasury minister Charles Parkinson has predicted.
Not an easy time for a first Budget
TOMORROW sees the announcement of Guernsey’s 2009 Budget, Charles Parkinson’s first as Treasury and Resources Minister.
Indirect tax rises are likely way to balance books
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?