CONTAGION is the buzzword of the world’s newspapers at present – and it has nothing to do with the latest Matt Damon film about a deadly pandemic.

FINANCE might not be the island’s main industry in 10 years’ time, the Treasury and Resources minister has said.

A RINGING endorsement of the island’s investment funds industry was given at the Guernsey Funds Forum in London.

GUERNSEY’S regulatory regime can be used to advantage when trying to attract business to the island, a trust seminar audience has heard.

No risk analysis of Guernsey PLC would be complete without some reference to the island’s reliance on a single industry for the bulk of its income and employment.

AN ADMISSION this week from the Guernsey Financial Services Commission that, yes, it had become disconnected from the sector it regulates was an important first step towards re-establishing a better relationship with those in financial services.

HEDGE fund firm BlueCrest Capital Management plans to at least triple its workforce in the island over the coming 18 months.

NORTHERN ROCK will close its Guernsey banking operation in September.

MORE than 60 people will lose their jobs following the decision to close the Guernsey office of Investec Trust.

THE value of Guernsey bank deposits fell by a quarter in 2009, but GuernseyFinance say the situation has stabilised.