Tuesday, 2nd December 2008

recession

£5.8bn fall ‘not bad in the circumstances’

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A FALL of £5.8bn in the value of funds under management in the island was a decent return, according to Guernsey Investment Funds Association chairman Grant Cameron.

Islanders fear for Woolworths, a ‘local institution’

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SHOPPERS were hopeful that High Street institution Woolworths could be saved.

Woolworths would be sadly missed

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THE future of Woolworths’ Guernsey branch and its employees has been cast into doubt.

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Car Finder - 468
Airport Arivals - 230Eating Out - 230
Classifieds - 468

Bentley takes Peter Perrio Trophy back home

SHANE BENTLEY and Sam Robins were undoubtedly the stars at the West Coast Sea Angling Club’s Specimen Fish Hunt presentation night held at the Halfmoon Restaurant.

’Tis the season to shop early as prices tumble on high street

HIGH STREET shops are following UK retailers and slashing their prices before Christmas.

RBS staff wait for job cut news

ROYAL Bank of Scotland International’s 200 staff in Guernsey are waiting to hear this morning if any of them are to lose their job.

£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.

Guernsey is heading for its own recession

GUERNSEY is set for a recession, Treasury minister Charles Parkinson has predicted.