Five-year deal signed for return of Super League Triathlon

On February 5, 2018, in General, Sport, The Economy, Tourism, by Lyndon-Farnham

Super League Triathlon will return to Jersey’s Waterfront this year following the signing of a five-year contract with the States of Jersey to secure the rights to host the event. The partnership will place Jersey on the map as a host for international sports events and follows the successful inaugural event in the Island in […]

People count

On January 15, 2018, in General, Population, Society, The Economy, by Lyndon-Farnham

The Population Office has published figures for the number of applications for registered and licensed permissions, and how many were granted or refused between October to December 2017.  The main factors taken in to account when deciding whether to grant registered and licensed permissions to a business are: preserving and maximising the benefits of Jersey’s […]

Merry Christmas and God Bless Us, Every one.

On December 22, 2017, in General, by Lyndon-Farnham

May I wish you all a Happy and Peaceful Christmas and a Healthy New Year and share with you an excerpt from one of my favourite pieces of literature: 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. […]

Tourism: Another promising set of figures

On December 18, 2017, in General, The Environment, Tourism, by Lyndon-Farnham

Provisional Visit Jersey estimates suggest that the number of visits to Jersey during the first ten months of 2017 was 672,200 with visitor nights reaching 2.7 million.     During the period January to October 2017: Total visitor trips were 672,200 up 4% Total spend was £212 million up 4% (first 9 months) Total visitor nights […]

EU confirms Jersey’s status as a cooperative jurisdiction

On December 6, 2017, in Financial Services, General, Society, The Economy, by Lyndon-Farnham

I am very pleased that the EU has cleared Jersey from inclusion in its register of blacklisted jurisdictions. (Source gov.je) The EU Code of Conduct Group on Business Taxation (the Code Group) has determined that Jersey is a cooperative tax jurisdiction, and will work with the Island throughout 2018 to ensure that this position is […]

Economic Development Minister calls for end to collective responsibility

On December 2, 2017, in General, States Reform, The Economy, Voting, by Lyndon-Farnham

COLLECTIVE responsibility, the doctrine enshrined in the ministerial code which requires ministers to toe the official government line – is curtailing proper democratic debate and should be scrapped.   Senator Lyndon Farnham spoke out after abstaining from a crucial States vote this week on a proposal in the 2018 Budget to charge big retailers 20 per […]

Global Forum on Transparency & Exchange of Information for Tax Purposes recognises Jersey’s commitment and cooperation

On November 18, 2017, in Financial Services, General, Society, The Economy, by Lyndon-Farnham

The recent Global Forum’s report (pub. 17th November 2017) recognises that Jersey is fully committed to the highest standards of tax transparency and cooperation. Summary of the Report: The second round peer review reveals the important progress made by Jersey in the implementation of the international standard, leading to the upgrade of its overall rating from […]

Record numbers of people in work suggests stronger economy in 2017

On November 2, 2017, in Agriculture, General, Population, Society, The Economy, Tourism, by Lyndon-Farnham

In June 2017 total employment in Jersey was 61,660 the highest recorded to date.   The latest Jersey Labour Market data suggests that Jersey’s economy is stronger in the first half of 2017 than expected. Total employment increased at a rate of 2.2% (June 2017 on June 2016) compared with the Fiscal Policy Panel (FPP) assumption […]

Super League Triathlon Jersey Highlights Show

On October 18, 2017, in General, Sport, Tourism, by Lyndon-Farnham

Jersey, Channel Islands 23rd & 24th September 2017. Pitting the world’s best triathletes across unique short course formats for big prize money in a closed league series, Super League Triathlon provides pulse-pounding action, superstars to root for, and a spectator experience without parallel. Watch the full Super League Triathlon Jersey Highlights Show here. Two days […]

Jersey Business Tendency survey – Business confidence remains positive

On October 16, 2017, in General, Society, The Economy, Tourism, by Lyndon-Farnham

The quarterly Jersey Business Tendency Survey (BTS) provides timely, qualitative information about the Island’s economy. Chief executives and managing directors are asked for their opinions on the current situation of their business compared to three months earlier and their expectations for the next three months. In September 2017: the headline all-sector business activity indicator was […]

Short term economic forecasts improve but prudence still required

On October 14, 2017, in General, Population, Society, The Economy, by Lyndon-Farnham

Jersey’s Fiscal Policy Panel has produced its tenth annual report.   The Fiscal Policy Panel (FPP) was established to provide Jersey’s Treasury and Resources Minister and States members with independent economic advice on matters relating to tax and spending policy, and the use of the Stabilisation Fund. The current members of the Panel are Dame Kate […]

Jersey RPI increase slightly lower than forecast

On January 21, 2017, in General, Society, The Economy, by Lyndon-Farnham

During the twelve months to December 2016 the All Items Retail Prices Index (RPI) for Jersey increased by 1.9% to stand at 163.0 and is slightly lower than forecast. The Household services, Housing and Motoring groups were the largest contributors to the overall annual increase in the RPI . The increase in the RPI over […]

Merry Christmas and God Bless Us, Every One.

On December 23, 2016, in General, by Lyndon-Farnham

May I wish you all a Happy and Peaceful Christmas and a Healthy New Year and share with you again an excerpt from one of my favourite pieces of literature: 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 […]

A Jersey World Expo’?

On October 29, 2016, in General, Society, Sport, The Economy, The Environment, Tourism, by Lyndon-Farnham

A world’s fair, world exposition, or universal exposition (sometimes expo or Expo for short) is a large public exhibition. These exhibitions vary in character and are held in varying parts of the world. They usually last from three weeks to six months. Since the 1928 Convention Relating to International Exhibitions came into force, the Bureau International […]

Social Security support for islanders reaches £356 mil in 2015

On October 23, 2016, in General, Population, Society, The Economy, by Lyndon-Farnham

Society simply would not operate without the essential support provided by the Social Security department. Their overarching aims are to help people achieve and maintain financial independence and to provide benefits to those islanders who are unable to support themselves. In 2015 £355.8 million was paid out to islanders in delivering that function. At the end of […]

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 […]

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 […]

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 […]