08/23/2023
Retail slump continues as sales volumes keep falling
Retail sales during the month were an estimated $98.3 million, up 1.1 per cent on year.
Comment, Analysis & Research
08/18/2023
Bermuda’s inflation falls to 3.8% in April
Month-on-month, prices increased 0.5 per cent between March and April
08/18/2023
Jersey house price update
If the new build sales were removed from the statistics, the number of properties sold would drop by 62% year-on-year.
08/15/2023
One-third of foreign workers leave job within a year
High turnover rate in labour market explains labour shortages despite increase in labour supply
08/14/2023
Inflation erodes wages forcing more to seek part-time job
The number of workers holding a part-time and full-time job increased by 9.4% in just one year in attempt to boost income
08/11/2023
Caribbean jobseekers encouraged to apply for remote job positions
Remote work has not picked up in many Caribbean countries
08/11/2023
Maltese rank 13 in financial knowledge, EU survey shows
Respondents were asked five questions assessing their wisdom on financial matters • 26% replied correctly to at least four questions
08/11/2023
Analysts say new Bermuda tax is ‘manageable’
The move comes after a global minimum tax rate of 15 per cent was brokered by the OECD.
08/09/2023
Guernsey property sales prices fall 2%, figures show
The average purchase price for local market properties was £600,836 in the second quarter of 2023, but 46.2% higher than five years previously.
08/04/2023
A prominent insurance manager based in Guernsey wishing to efficiently replace departing accounting employees
Over the past four years, the mandate has grown to six FTEs working on a dedicated basis
08/04/2023
Guernsey spending cuts survey results being analysed
The States said the results were being analysed.
08/03/2023
Financial analysis: It’s all about the banks
As the ECB further hikes interest rates, banks’ profits should continue to be boosted
08/03/2023
Fitch affirms and withdraws Markel’s ratings
Among the subsidiaries to have their rating affirmed and withdrawn was Markel Bermuda Ltd.
08/03/2023
Wilton Re financial strength rating of ‘A’ affirmed
Fitch said Wilton’s ratings were one notch higher than its standalone credit quality, due to its ownership by CPP Investments.
08/03/2023
Reports Legal Offshore Report - Focus on Jersey's Best in Class
Group Managing Partner Jason Romer is quoted extensively in the publication.
07/28/2023
“The latest Guernsey inflation figure is good news on so many levels”
The Housing, Food and Leisure services categories were the biggest contributors to annual inflation and increased the most in price year on year.
07/26/2023
Businesses expect inflation to spike again
The expectation exceeds the central bank’s target range of between 4.0 to 6.0 per cent.
07/24/2023
First Central ranks 9th in the UK’s Best Workplaces for Women 2023
The company, which employs 35 people in Guernsey, and has offices in the UK, and Gibraltar, encourages women to thrive throughout their careers.
07/24/2023
‘Deglobalisation is taking place in front of our eyes’
As central banks tackle inflation with tighter monetary policy, global growth was suffering, he said.
07/20/2023
"The island is living beyond its means"
Mr Tonks said: "It is clear that the island is living beyond its means and this path is not sustainable, however, the £135m deficit needs to be distilled properly for strategic decision making to happen.