Business

A cautious welcome for 21st Century Framework

BOTH the financial services industry and the regulator have offered a cautious welcome to the new 21st Century Framework document published by the Commerce and Employment Department, which seeks to offer clearer guidance to the regulator and seek a greater involvement from the States in its approach to regulation.

States urged to invest in growth

BigDebateCROP_900

THE States has been urged to use a potential bond issue to invest in economic growth rather than simply re-finance the existing debt built up by States bodies.

Award in memory of former CGi head

PeterBudwin_900

A HIGH-performing young person is being sought by the Confederation of Guernsey Industry to claim a new award introduced in memory of former chairman Peter Budwin.

Women less likely to face discrimination

Soulsby_900

WORKING women in Guernsey are less likely to be discriminated against than those in the UK, where a recent survey found that more than 40% of managers admitted being wary of hiring women of childbearing age.

GST ‘would put building costs up 5%’

_DSC2169

THE cost of building new homes in Guernsey would rise at least by 5% if the States sees fit to introduce a goods and services tax, an industry organisation has warned.