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Guernsey as a Financial Centre

Sun setting down

Inside this issue

• A remarkably varied financial services sector has helped the island ride out the downturn

• Online gambling has become one of the rapid growth areas offering islanders more career choice - -

Content

Island is resilient in face of downturn

While the rest of the world faced economic meltdown, its financial sector held firm, writes Bob Sherwood

Politics: Chief minister defends his course in choppy EU waters

The island has reacted to European criticism more cooperatively than other centres, writes Bob Sherwood

Economy: Financial sector holds up despite hammering

Business services have suffered more because of the downturn, writes Bob Sherwood

Taxation: Zero 10 and counting

EU rethink forces drive to ‘more normal regime’, writes Bob Sherwood

Financial services: Variety provides sector with sheet anchor

The island offers opportunities for business in niche areas, writes Brian Groom

Banks: Lenders confident of riding out crisis thanks to low risk appetite

Landsbanki, Northern Rock and low rates have left their mark, writes Brian Groom

Online gambling: Islands bet on high-tech industry for jobs and growth

The sector has been able to cash in on a regulatory regime set up in Alderney, says Bob Sherwood

Tourism: Push for business travellers leads to hotels revamp

Tired-looking venues for tourists have smartened up their act, writes Bob Sherwood

Insurance: Captives offer ‘stable and steady’ rewards

Companies providing in-house cover still offer prospects for innovative business development, writes Brian Groom

Optician sets out vision for global growth

Recession helps drive business model as customers look for a better deal, says managing director