Economy Archives - Official States of Jersey Blog

Stable, transparent and well-regulated: maintaining Jersey’s international reputation

Sir Philip Bailhache 18 April 2017 —

A key policy objective of the Government of Jersey is to ensure that the Island’s interests are represented at an international level. By developing our relationships with UK, European and international bodies we reinforce the message that Jersey is a cooperative partner, a good neighbour and, as an international finance centre, a well-regulated jurisdiction complying … Read more Stable, transparent and well-regulated: maintaining Jersey’s international reputation

High Value Residents bring economic benefit to Jersey

Alan Maclean 13 December 2016 —,

Jersey first introduced a special tax regime for High Value Residents in 1970 to ensure that wealthy incomers to the island brought with them economic or social benefit. Since then the scheme has been amended a number times, most recently in 2011. The aim then was to try to attract people who would move their … Read more High Value Residents bring economic benefit to Jersey

Is a decent standard of living affordable in Jersey?

Ian Skinner 8 December 2016 —,

Whatever your reason for being or staying in Jersey, it’s important to protect the things that make the Island special – we want it to be a great place to live, socialise, grow up and belong; a place where community and people matter. We asked Islanders about these important issues in our recent My Jersey online survey, … Read more Is a decent standard of living affordable in Jersey?

Funding a new hospital for Jersey

Alan Maclean 1 December 2016 —

It seems like we have been talking about a new hospital for a long time. Do we need it? Where should it go? How much will it cost? I am convinced that we do need a new hospital. The existing building has developed piecemeal over many decades and its physical condition, assessed in an independent survey, … Read more Funding a new hospital for Jersey

Control of Jersey’s borders

Sir Philip Bailhache 30 November 2016 —,

For centuries many Jersey people have left the Island to live elsewhere. Conversely, others from many countries have come to Jersey to work in different industries, or to seek refuge. Thousands of French Protestant Huguenots came here in the late 17th and early 18th centuries to escape persecution in France. Then Irish workers came, to … Read more Control of Jersey’s borders

Jersey 2036 – what you’d change

Ian Skinner 23 November 2016 —

There are plenty of local issues that affect our daily lives in Jersey. But at a time of well-documented low voter turn out, is there much appetite for thinking about the bigger picture in Jersey, or for considering the Island’s long-term future? It seems there is. And it’s been a delight to see this reflected … Read more Jersey 2036 – what you’d change

Planning for the future

Alan Maclean 18 November 2016 —

Budget 2017 will help us to manage a successful future. Together with the Strategic Plan and Medium Term Financial Plan, it is part of an agreed three year plan that draws on reserves to support the economy in the short term and balance budgets in the medium term. Looking further ahead, we will need strategic direction … Read more Planning for the future

Budget 2017

Alan Maclean 11 November 2016 —

Budget 2017 maintains our established principle that taxes should be low, broad, simple and fair. It proposes no fundamental change to our system of taxes, duties and charges, it encourages investment, growth and creates significant job opportunities, particularly for our young people. Some people have expressed concern that the tax burden is falling disproportionately on “middle … Read more Budget 2017

Maintaining stability in an uncertain world

Ian Gorst 21 September 2016 —

As we approach the debate on the Medium Term Financial Plan Addition I have been reflecting on its overall aims in light of feedback and questions over recent months, and in view of the independent assessment we have now had. It is fair to say that every aspect of the plan has been scrutinised and … Read more Maintaining stability in an uncertain world

Jersey is well prepared for the post-Brexit world

Sir Philip Bailhache 11 August 2016 —,

On the evening of 23rd June 2016 few retired to bed contemplating the political and financial turmoil that the dawn would bring. The polls and the financial markets confidently predicted a ˊRemainˋ vote and sterling rose accordingly. By the morning, when the result was clear, sterling and the markets had crashed. Within hours the Prime … Read more Jersey is well prepared for the post-Brexit world