A ‘TWO-TIER’ economy could be developing in Guernsey, the Treasury and Resources minister has warned.

ISLANDERS will have to choose between fewer public services or more tax to avoid being hit hard by the demographic time bomb, Treasury and Resources and Social Security have warned.

POLITICAL moves have been made to force the disclosure of how much taxpayer money has been spent in costs and damages following an unlawful police raid on a law firm’s premises.

STATES officials have ignored the will of taxpayers and again refused to disclose any financial detail relating to the two-year court battle over an illegal police raid on a law firm.

Scrutiny of the States’ big savings initiative should be left to the Public Accounts Committee instead of bogging it down in detail, its champion has said.

TREASURY was dealt several blows to its ‘cautious’ Budget plans yesterday.

HEALTH and Social Services will not receive more funding to improve its financial management, the Treasury and Resources minister has said following the department’s £2.5m overspend.

THE future of the 20p income tax rate will be considered as part of a wider review, the chief minister has revealed.

TREASURY and Resources could reconsider its position on scrapping mortgage interest relief if a review it will carry out on personal taxes, allowances and duties provides ‘compelling evidence’ against it, minister Gavin St Pier has said.

TREASURY and Resources minister Gavin St Pier has suggested that Alderney’s improved infrastructure could mean diverting its e-gambling money to cash-hungry services such as its loss-making airport.