Critics are not likely to go away – Giba chairman

FINANCIAL services in Guernsey are likely to get tougher in 2013 as the island faces yet more criticism about its activities, an industry spokesman has warned.

FINANCIAL services in Guernsey are likely to get tougher in 2013 as the island faces yet more criticism about its activities, an industry spokesman has warned.

Dominic Wheatley, pictured, chairman of the Guernsey International Business Association, said the island would continue to be knocked, particularly by financially-strapped governments, but much of the debate would be inaccurate.

‘The world is a turbulent place and we are in constant state of flux because of that,’ he said.

‘I’m sure we will continue, in my view, to face criticism and hostility from overseas. That’s not going to change, we are going to keep on – that’s the world we live in and we have to live with it.’

Mr Wheatley said facing down such criticism would be a difficult argument for the island to win.