Category: Economy
Tourism Development Fund open to all
For the first time, the Tourism Development Fund (TDF) is now open to applications from the private sector, as well as the public and non-profit sectors. This follows a States decision in July to allow equal access to financial support across all organisations that benefit the tourism industry. The Tourism Development Fund has supported numerous [...]
Single Area Payment 2012
Public support in the form of the Single Area Payment (SAP) recognises the economic importance of the farming industry and the role it plays in managing the Island’s environment and safeguarding its natural resources. The SAP is paid annually to all commercial farmers in Jersey, large or small, based on the number of vergees they [...]
Chinese City to Award Jersey ‘Friendship Status’
Economic Development Assistant Minister and representatives of Locate Jersey will celebrate strengthening ties with China later this month as Jersey is awarded ‘Friendship Status’ by Hangzhou, a prosperous city in Eastern China. This significant development in Jersey’s relationship with China will be marked by a traditional tree planting ceremony in Hangzhou and comes as Locate [...]
Rural Initiative Scheme opens for grant applications
Grant assistance to help rural and maritime businesses thrive and diversify is now available through the Rural Initiative Scheme. The scheme, which is available from the States’ Rural Economy Section at Howard Davis Farm, is open to all rural and maritime businesses and is focused on helping businesses adapt and diversify to meet future challenges [...]
PR industry shows welcome signs of growth
The latest national survey of public relations consultancies shows strong growth figures for the industry despite continuing gloomy predictions in the media about the UK economy. The Public Relations Consultants Association (PRCA) produces its ‘Barometer’ quarterly and the results for the period April to June show that the industry is in good health thanks to [...]
Economic prediction wins Victoria College student a new iPad
A VICTORIA College pupil has won a new iPad in a competition set by Investec’s chief Economist. The bank invited students to complete the questionnaire following Philip Shaw’s presentation on the developing euro crisis in May. Alexander Cornish, 17, received the highest number of points in Jersey by predicting several economic indices. ‘I am so [...]
KPMG help to cut through the complexity of tough new regulations
KPMG has told the Jersey business community that the wave of new and tougher regulations about to hit the Channel Islands will be the biggest challenge to businesses in the coming months. Chairing KPMG’s seminar, Ashley Paxton, Head of Advisory for KPMG in the Channel Islands, said businesses needed to take a holistic approach in [...]
Jersey Property Market is robust enough to survive economic challenges
Jersey’s property market is inherently stable and robust enough to survive the continuing economic uncertainty, according to a local property expert. Paul Deveau, Conveyancing Manager at law firm Benest & Syvret, says that although the on-going nervousness in global markets will continue to have an effect on house prices everywhere, locally there are encouraging signs [...]






