Richard Digard

Shock that household incomes have fallen in real terms by 12% over the last five years is only half the story. Look back over the last decade and declining living standards are now structural – and it’s islanders who are paying the price.

Odd, isn’t it, that a socialist prime minister in Britain has a better idea how to run things than free-market, tax haven Guernsey with its small, lean and flexible States. But take heart – at least your deputies know how to holiday.