Category: Finance

Quick wins and improving the business environment

Through a series of targeted workstreams, the Financial Services Competitiveness Programme is helping to streamline Jersey’s business environment. Helen De La Cour, Director of Financial and Professional Services at the Government of Jersey, shares what’s happening behind the scenes, and why the impact could reach beyond the financial services sector. Helen, you’re leading Workstream 2 … Read more Quick wins and improving the business environment

Future-proofing Jersey’s competitiveness

The Island’s financial services sector operates in an increasingly competitive global environment. A cross-agency team – bringing together government, the regulator and industry – is working to ensure Jersey is taking decisive steps to protect and grow its financial services sector. Tom Le Feuvre, Director of External Relations at the Government of Jersey, shares the … Read more Future-proofing Jersey’s competitiveness

Building a Future in Jersey: the Economy

Tom Holvey could be said to specialise in island economies. Before he came to Jersey, he worked for a time on a rather more remote island, as Chief Economist for the government of St Helena. “There’s definitely something about an island mentality,” he says. “You feel you’re that bit more independent, more reliant on yourself. … Read more Building a Future in Jersey: the Economy

Perspectives on the Middle East

Creative destruction – a force to be embraced and preserved?

Productivity growth at the level of a firm is quite easy to understand.  At its simplest it means a firm finding ways to produce more value with the same or less inputs; but exactly how the actions of individual firms build up to deliver productivity growth at the level of the economy is more difficult to imagine. 

Financial Recovery Plan (FRP)

Chris Bown (Chief Officer) and Obi Hasan (Financial Recovery Director and Change Team Finance Lead) at Health and Community Services, are leading the Financial Recovery Plan Programme. They sat down to answer questions on the plan, in order to update Islanders on the progress.  What is FRP? FRP is the Financial Recovery Programme.  We have … Read more Financial Recovery Plan (FRP)

Tax package to boost tech investment and support staff mobility

Last week’s Government Plan contained a unique package of tax measures that we are rolling out from 2024. The package has two important aims:

To boost business productivity by promoting investment in Regulatory Technology, through a 150% super-deduction for RegTech spend.

To remove tax barriers that currently create uncertainty and cost for businesses with staff moving into and out of the Island.

Competition and Productivity

Economy: What has been done for you?

During the first year of Government, there has been an enormous amount of work undertaken to support Jersey’s economy across every sector. This list shows some of things that have happened so far: For all sectors Arts Digital Financial Services Maritime Rural Sport Visitor

Q&A: Credit reference agencies and access to information

The below Q&A relates to a Consultation on improving the information made available to credit reference agencies, which can be found here: Credit reference agency access to information (gov.je) Why does Government want to give credit reference agencies access to personal information? Government is proposing to provide UK credit reference agencies (“CRAs”) with information on … Read more Q&A: Credit reference agencies and access to information