Finance might not be the king in 10 years

FINANCE might not be the island's main industry in 10 years' time, the Treasury and Resources minister has said.

Charles Parkinson (pictured) was speaking about what Guernsey could offer in future at an event this week that debated the threats to and opportunities for the finance industry.

Possibilities mentioned at the Guernsey Review included cloud computing and an increased e-commerce presence.

'Guernsey's economy is more diverse than people often give it credit for. One of the success stories is Moonpig,' he said.

He said changes to Low Value Consignment Relief were again possible and some companies would be more vulnerable than others.

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