Financial Crisis news


Hugh Bygott-Webb

Over the next four years the Bailiwick is going to face a number of challenges brought about by the continuing financial crisis and consequent threats to our identity, economy and political system.  


UK’s recovery path ‘is worse than that of Great Depression’

RECOVERY from the recession and the global financial crisis in the UK has been more sluggish than it was after the Great Depression of the 1930s.


Free pre-schools a victim of the financial crisis

FREE pre-school education for three- and four-year-olds will have to wait as Education is unable to fund the £1.6m. annual cost to deliver it.


Warning to investors of no end to global financial crisis

THE global economic crisis is not going to get any better – and investors face tough decisions about where to put their money, according to Collins Stewart Wealth Management.


Infrastructure spending ‘makes Russia look value’

A FUTURE World Cup and Winter Olympics is adding to the opportunity for investors to benefit from increased infrastructure spending in Russia, according to leading European fund manager Plamen Monovski.


Jersey Trust Company opens Guernsey office

THE Jersey Trust Company has opened a Guernsey office as the group continues its strategic commitment to expand into new jurisdictions.


Regulation invites arbitrage

THE calls for better and greater regulation following the economic crisis is creating an arena of arbitrage across financial centres, according to leading City lawyer Stuart Popham.


Island slips in centre ratings

GUERNSEY has fallen one place in the latest rankings of financial centres.


Strategist forecasts sustainable recovery

THE GLOBAL economy will continue to expand in 2011 as it moves from fledgling to a more sustainable recovery.


Awards-triple marks an upturn in fortunes for OGH

THE Old Government House Hotel and Spa made history at the 2010 Guernsey Awards for Achievement by becoming the first business to win three awards.

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