Treasury Department news


Fears over mental health centre build

POLITICIANS are questioning whether any local contractors will be used to build the new Mental Health and Wellbeing Centre, as was promised.


‘We did a poor job in putting our view across’

TREASURY minister Gavin St Pier has apologised for his department’s poor communication over its desire to phase out mortgage interest relief, which he admitted had caused anxiety and distress.


Health’s overspend ‘reasons’ challenged

HEALTH and Social Services’ reasoning for its £2.5m. overspend has been seriously questioned by the Treasury and Resources Department.


Minister seeks to head off delay in prioritisation process

CAPITAL projects, such as the rebuilding of the La Mare de Carteret Schools, could be pushed back another year if Treasury proposals to delay the States prioritisation process are approved.


T&R gives up on mortgage tax relief move – for a year

TREASURY and Resources has partially climbed down over plans to scrap mortgage interest relief after announcing that its board will not oppose an amendment removing it from the 2013 Budget.


T&R needs to duck and fight later

AFTER an extended meeting of Treasury and Resources, its minister moved to try to mitigate the PR disaster that has overtaken the department’s desire to phase out mortgage interest relief. Unfortunately, T&R’s ‘clarification’ has made matters worse.


‘Aim is not to force down house prices’

TREASURY’S plan to scrap mortgage interest tax relief is not designed to lower house prices, its minister has said.


Treasury minister stands firm on plans to scrap relief

TREASURY’S desire to scrap mortgage interest relief is ‘settled’, the department’s minister has said.


Deputy will challenge mortgage relief plans

AN AMENDMENT to defeat Treasury and Resources’ controversial suggestion to phase out mortgage interest tax relief will go before the States, Deputy Matt Fallaize has confirmed.


‘Scrapping mortgage relief could force people to rent’

SCRAPPING mortgage relief could drive people towards rental and social housing, an estate agent has warned.

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