Business & Economy

Duke of Richmond Hotel Sale Signals New Era for Guernsey Hospitality In a significant development for Guernsey’s hospitality sector, the Duke of Richmond Hotel has been acquired by the Little Big Hotel Group, marking a potential turning point for the island’s tourism landscape. The sale, while keeping financial details confidential, represents more than a simple … Read more

TISE Achieves Remarkable Financial Growth, Signaling Strong Market Resilience TISE Reports Record Financial Performance for 2024, demonstrating robust growth and strategic positioning in both public and private markets. The exchange’s latest financial results reveal a compelling narrative of expansion and innovation in a dynamic economic landscape. Financial Performance Highlights TISE’s financial metrics paint an impressive … Read more

TISE Achieves Record Financial Performance, Signaling Strength in Global Financial Markets In a testament to resilience and strategic innovation, The International Stock Exchange (TISE) has reported its most successful financial year to date in 2024, demonstrating significant growth across multiple key performance indicators. Financial Performance Highlights TISE’s annual report reveals impressive financial metrics, with total … Read more

Guernsey Post Adjusts Postal Rates: Balancing Service and Affordability New Tariff Changes Take Effect April 1, 2025 In a strategic move to address rising operational challenges, Guernsey Post has announced a nuanced revision of its postal tariffs, set to take effect on April 1, 2025. The changes reflect the complex economic pressures facing postal services … Read more

Guernsey’s Funds Sector: Steady Growth Amidst Global Financial Challenges Guernsey’s financial services sector has demonstrated resilience and measured growth in 2024, with the island’s funds industry showing incremental expansion despite complex global economic conditions. The Guernsey Financial Services Commission (GFSC) reported a total net asset value of £295.7 billion in Q2 2024, representing a modest … Read more

Inter-Island Ferry Service Launches, Promising New Connectivity Between Guernsey and Jersey In a significant development for Channel Island transportation, Islands Unlimited – Official Website has introduced a daily foot passenger ferry service connecting Guernsey and Jersey, marking a pivotal moment in regional maritime travel. Inaugural Sailing Signals New Era The inaugural sailing departed St. Peter … Read more

Guernsey Seeks to Forge Fintech Frontier at “Finovation” Conference In a bold move to cement its position in the rapidly evolving financial technology landscape, Guernsey is hosting the “Finovation: The Guernsey Edge” conference today, signaling the island’s strategic ambition to become a significant player in the global fintech ecosystem. The one-day event at Beau Sejour … Read more

Guernsey Embraces Global Minimum Tax Rules: A New Era for Financial Services In a significant move for its financial services sector, Guernsey has implemented the OECD’s Pillar Two global minimum tax rules, marking a pivotal moment in the island’s international tax strategy. As of today, the Income Tax (Approved International Agreements) (Implementation) (OECD Pillar Two … Read more

A Measured Approach to Green Investment Guernsey is carving out a niche in sustainable finance, with a strategic and measured approach that balances growth with responsible investment practices. The island’s financial sector is demonstrating a clear commitment to environmental sustainability, though not at the dramatic scale some might suggest. For more on governmental efforts, see … Read more

New Ferry Service Connects Channel Islands: A Leap Forward in Regional Transportation In a strategic move to enhance inter-island connectivity, Islands Unlimited has launched a daily passenger ferry service between Guernsey and Jersey, promising to transform travel experiences in the Channel Islands. The new service represents a significant investment in regional transportation, backed by a … Read more