Jersey’s inflation remains low but expected to rise

On October 21, 2016, in The Economy, by Lyndon-Farnham

The increase in Jersey’s inflation from 1.5% to 2.0% was expected, and is in line with Fiscal Policy Panel forecast (average rate of 2.2% for 2016). The increase is primarily due to faster annual increases in motoring costs (in particular petrol and diesel) and slower annual falls in fuel and light costs (particularly home heating […]

Locate Jersey’s sponsorship of Jersey Rugby. Some important facts and figures..

On October 12, 2016, in General, Society, Sport, The Economy, by Lyndon-Farnham

Tickets for international matches are part of the sponsorship package with Jersey Rugby. They are used carefully and strategically to help secure inward investment from individuals and businesses. Inward investment is a key pillar of the States strategic plan and the economic growth and diversification strategy. The other Crown Dependencies and England, Scotland, Wales, Ireland […]

Strong year for Jersey’s dairy sector

On October 8, 2016, in The Economy, The Environment, by Lyndon-Farnham

Milk yield up There was good news from the dairy sector with the average milk yield per cow per year continuing to rise. It now averages 4,947 litres per cow which is an increase of 4.1% year on year. This rise can be attributed to the use of world class genetics through the import of […]

Employment in Jersey at highest ever level

On October 7, 2016, in General, Population, Society, The Economy, by Lyndon-Farnham

Labour Market Statistics In June 2016: total employment was 60,320 (annual increase of 1,260) private sector employment was 52,480 (annual increase of 1,600) public sector employment was 7,840 (annual decrease of 350) annual increase in private sector employment was driven by rises in full-time (+740) and zero-hours (+690) employees annual decreases in public sector was driven by […]

What does Tourism do for Jersey?

On October 5, 2016, in The Economy, Tourism, by Lyndon-Farnham

In 2015, there were 718,000 visitors to Jersey. 347,000 stayed overnight, 107,000 were visiting family and friends, 118,000 were business visitors, 108,000 were leisure day trippers, plus there were almost 38,000 additional visits. 70% of visitors arrive from the UK. On average staying visitors spend £491 and daytrip visitors spend £50. In total, visitors contributed […]

Measuring Jersey’s Economy

On October 4, 2016, in General, The Economy, by Lyndon-Farnham

On an annual basis Jersey’s economy, as measured by total GVA, grew by 2% in real terms in 2015  total GVA in 2015 was £4.11 billion (current year values)  2015 represents the second consecutive year that the Island’s economy has grown in real terms  the majority of the non-finance sectors of the economy recorded real-term […]

Jersey Construction Council – JeCC Awards 2016

On April 20, 2016, in Education, General, Society, The Economy, The Environment, by Lyndon-Farnham

I was very pleased to help launch the JeCC awards this morning in Jersey.  The awards ceremony will take place in October 2016. Full details can be obtained from JeCC Awards 2016 – Nominations and Toolkit I attach a copy of my speech: Launch of the 2016 Jersey Construction Awards Good morning – Thank you for […]

Economic Indicators for Jersey

On March 2, 2016, in General, Population, The Economy, by Lyndon-Farnham

The latest set of econmic indicators for Jersey have been released. The results show that, not withstanding the worlds economic challenges, Jersey’s economy continues to perform steadily. Real-Term GDP per head grew by 3% Inflation was at 0.9% in December 2015 Real-Term Average Earnings grew by 0.8% in 2015 Retail Sales grew by 2% in […]

People’s Park: removal from list of sites under consideration for future new hospital (P.3/2016)

On February 17, 2016, in Health, by Lyndon-Farnham

I will not be supporting the proposition (P3/2016) of the Constable of St Helier at this stage as I would like all of the shortlisted sites to be subject to full public consultation and scrutiny. Please do not misinterpret my position as being in favour of the People’s Park.  I would like to make it […]

A vision for the rural economy.

On February 16, 2016, in General, The Economy, The Environment, by Lyndon-Farnham

The rural economy has a major impact on the landscape and environment of the Island providing a real sense of place and purpose. It is essential that our vision for the countryside provides rural businesses with stability and certainty. Our vision must recognise the economic, environmental and social importance of the sector whilst encouraging businesses […]

Merry Christmas and God Bless Us, Every One.

On December 24, 2015, in General, by Lyndon-Farnham

Scrooge was better than his word. He did it all, and infinitely more; and to Tiny Tim, who did not die, he was a second father. He became as good a friend, as good a master, and as good a man, as the good old city knew, or any other good old city, town, or […]

My first year as Economic Development Minister (in 200 words)..

On December 7, 2015, in General, Society, The Economy, Voting, by Lyndon-Farnham

In the 12 months since taking office, in addition to business as usual across the whole portfolio, the Economic Development Department has delivered a number of projects. In March, Visit Jersey opened for business and assumed responsibility for marketing the Island and has since delivered the first Tourism Strategy for over ten years. In July […]

Think BIG Shop SMALL

On December 2, 2015, in The Economy, by Lyndon-Farnham

I am pleased to be able announce that thanks to the support and efforts of Jersey Business Limited Jersey will be participating for the first time in ‘Small Business Saturday’. ‘Small Business Saturday’ is a highly successful global campaign that originated in the USA in 2010 and in the UK in 2013 and is focussed […]

The Importance of Sports & Events Led Tourism in Jersey

On November 1, 2015, in Sport, The Economy, Tourism, by Lyndon-Farnham

Event-led tourism is seen by many jurisdictions as an important part of their tourism strategy. For some time the further development of event-led tourism has been cited as an important element of the renaissance of Jersey’s visitor economy. In this context, “events” include a broad range of sporting, cultural and more traditional tourist events such […]

Low inflation is further positive news for Jersey’s economy

On October 23, 2015, in General, The Economy, by Lyndon-Farnham

PFCO October 2015 – Latest Inflation figures published by Stats office of +0.1% is lower than expected. Underlying inflation as measured by RPIX is the lowest on record (since 2000). This is encouraging. Fuel bills, fares/travel, motoring, household goods, clothing and food prices all lower than in June and all (except fares and travel) below […]

The facts relating to the Tourism Development Fund and The Jersey International Air Display

On September 27, 2015, in The Economy, Tourism, by Lyndon-Farnham

The Jersey International Air Display. The Economic Development Department (EDD) provides the air display grant of 90k to the Ports of Jersey (POJ) who organise the event in partnership with Jersey International Air Display Limited (JIAD). Full and detailed accounts of the JIAD are published annually. I agreed to utilise Tourism Development fund (TDF) funds […]

Condor, the Liberation and what action I propose to take.

On September 19, 2015, in General, The Economy, Tourism, by Lyndon-Farnham

Islanders will be aware of operational problems that have arisen again with the Condor Liberation in recent days. Whilst delays and cancellations earlier in the week were weather-related, today’s cancellations are as a result of technical problems with the vessel. I have included below an update from Condor Ferries received on Saturday 19th September 2015 […]

Jersey shines brightly for the Nat West Island Games

On July 4, 2015, in Society, Sport, The Economy, Tourism, by Lyndon-Farnham

And so the 2015 Nat West Island games draw to a close with a vibrant closing ceremony where thousands of new friends partied together and said au revoir until we all reconvene on the special island of Gotland in 2017.  Congratulations of the highest order have to go to everybody, yes everybody on Jersey because […]

Economic Growth – No stone unturned

On June 11, 2015, in General, Society, The Economy, The Environment, Tourism, by Lyndon-Farnham

I was delighted to have been given the opportunity to talk to the Jersey Chamber of Commerce outlining my policy and position on growing Jersey’s economy and attach my speech (below).  I would like to thank the Jersey Chamber of Commerce and all who attended.   Draft Speech to the Jersey Chamber of Commerce – 11th […]

Liberation 70

On March 4, 2015, in Society, Tourism, by Lyndon-Farnham

As many of us know, on 9th May every year Jersey celebrates the anniversary of the Liberation of the Island from the German occupation forces of World War II. Considered as Jersey’s very own ‘National Day’, Liberation Day 70 will be celebrated on Saturday 9th May 2015 and will commence with a Freedom march – […]

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