Global Credit Crunch news


First-time buyer misery eased only by parents

IT IS now virtually impossible for young people to get on the housing ladder without financial help from their parents, property professionals have said.


Zero-10 jump was too hasty – Treasury minister

TREASURY minister Charles Parkinson has admitted that the island could regret not delaying the introduction of zero-10.


Confident but cautious

A PATTERN of cautious optimism has emerged from the business community in the Guernsey Chamber of Commerce’s latest study.


Outlook ‘not that gloomy’

THE Confederation of Guernsey Industry has dismissed a claim by its British counterpart that 10,000 UK finance-sector jobs will be cut in the next three months.


Chancellor ‘had his hands tied’

CHANCELLOR ALISTAIR DARLING delivered his first Budget with his hands tied, according to Treasury and Resources minister Lyndon Trott.

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