MULTI-MILLIONAIRE Guy Hands’ belief that Guernsey is on the cusp of a ‘great decade’ was backed yesterday by industry bodies and the island’s chief minister.

GUERNSEY is on the cusp of a ‘great decade’ while the eurozone faces 10 years or more of recession or depression, according to one of the island’s most high-profile residents.

THE EU needs to act quickly over the sovereign debt crisis to avoid recessionary blight for years to come.

PRIVATE equity bosses Jon Moulton and Guy Hands have joined forces on a Guernsey property deal.

A GUERNSEY resident has started his bid in a court in New York to win £7bn in damages in what is being dubbed the ‘trial of the century’.

ACTING decisively with financial stimulus when the banking crisis hit will not be enough to stop the West experiencing a ‘lost decade’ of its own if it is not careful, according to British financier Guy Hands.

LABELLED a tax exile by the UK press following his move to Guernsey last year, British financier Guy Hands made his first public appearance in the island last night.