News, Media and Updates

March 2025 - Guernsey's clearing banks join forces to support Guernsey Community Savings

I am proud to have played a role in making this possible.

Life-changing funding for Guernsey Community Savings (GCS), a local charity which supports people who otherwise would not have access to crucial banking services, will now be provided by Guernsey’s clearing banks, following negotiations between GCS, the banks and the States of Guernsey.

Deputy Nick Moakes, Finance Sector Lead for the Committee for Economic Development, said: "This is a great example of how government, business and the third sector can work together. In this case, it will help people who do not have access to essential banking services that most of us take for granted. I would like to take this opportunity to thank the banks for coming together to support this important local initiative.”

Peter Neville, Founder and Chair of GCS, added: "The backing of Guernsey's leading banks is an exciting and positive development for GCS and, most importantly, for those vulnerable members of our society who we serve. This support will empower us to extend our reach and positively impact the lives of many islanders who struggle to access traditional banking services."

A representative for The Association of Guernsey Banks (AGB) added: "We're proud to come together in support of GCS. Ensuring everyone has access to essential banking services is fundamental, and this agreement is a significant step forward in addressing financial exclusion in Guernsey."

February 2025 - Guernsey – Why does MONEYVAL matter?

The recent MONEYVAL assessment ensures that Guernsey retains its position as one of the world’s leading financial centres. The MONEYVAL evaluation is not only excellent news for the Finance and Professional Services sectors, it also benefits the wider economy and everyone on the island. We should be proud of our Financial and Professional Services sectors - they help to make Guernsey a better place, both economically and socially.

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December 2024 - Guernsey Housing Forum meets for the first time.

I am pleased to announce that the Guernsey Housing Forum has now been formed and met for the first time in December 2024. You can read about why I wanted to set up the Forum further down this page. Independent from Government, the forum is made up of senior representatives from Government Committees, the construction industry and business. A housing forum might not result in spades in the ground tomorrow, but it will result in a more joined up approach to solving the island’s current and future housing needs.

November 2024 - Commonwealth Enterprise Investment Council meeting and High Commissioners’ Banquet in London

I was delighted to be part of a small delegation representing Guernsey at two events in London. A Commonwealth and Enterprise Investment Council (CWEIC) meeting at Ironmongers Hall and The High Commissioners’ Banquet at Mansion House. It was a privilege to attend and both events provided opportunities to meet with friends from right across the Commonwealth.

October 2024 - IoD Convention

It was an honour to be asked to participate in discussions focusing on the importance of Social Capital at this years IoD convention in Guernsey.

October 2024 - Locate Guernsey Event in London

I was delighted to be asked to present at this years Locate Guernsey event in London.

October 2024 - Visits to Guernsey

It was a pleasure to welcome both Lord Ponsonby of Shulbrede, Parliamentary Under-Secretary of State in the Ministry of Justice and the Italian Ambassador to the United Kingdom, His Excellency Inigo Lambertini.

Lord Ponsonby has responsibility for the Crown Dependencies so this was a good opportunity to showcase Guernsey and discuss the islands relationship with the United Kingdom. The Italian Ambassador’s visit provided us with an opportunity to share insights into Guernsey, as a financial centre, as well as its history and culture.

June 2024 - Create a Housing Sector Forum

To help resolve the current housing crisis and plan for the island’s future housing needs, I think that government should engage more with the construction sector, the wider business community and islanders in general.

Bailiwick Express coverage from 25th June 2024

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April 2024 - Guernsey Finance Appointment

In April, it was announced that I would be joining the board of Guernsey Finance. I am passionate about Guernsey’s financial services sector, so I am thrilled to be joining the board. I will continue to speak up for the sector and represent it both locally and internationally.

Bailiwick Express coverage from 18th April 2024

March 2024 - The Value of Guernsey’s Financial Services Sector

Guernsey Press coverage from 4th March 2024

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December 2023 - Commonwealth Trade and Investment Summit

It was a pleasure to be part of a joint delegation that represented Guernsey at the Commonwealth Trade and Investment summit in London. The summit provided us with a good opportunity to meet with politicians from right across the Commonwealth.

November 2023 - The Canadian High Commissioner visits Guernsey

It was a great pleasure to welcome the Honorable Ralph Goodale, High Commissioner to the U.K, to Guernsey in November. Guernsey already has strong cultural links to Canada and meetings like this provide us with an opportunity to discuss areas of shared International interest ranging from financial and professional services to tourism and manufactured goods.

October 2023 - A busy month, attending both the Conservative Party Conference in Manchester and the Labour Party Conference in Liverpool.

I was part of a small group who represented Guernsey at both the Conservative and Labour Party Conferences.

They were incredibly useful and provided me with opportunities to engage with UK politicians right across the political spectrum. We attended meetings with MPs to explain our constitutional position and economic relationship with the UK. Building relationships with Ministers, shadow Ministers and other members of the House of Commons and House of Lords is important to Guernsey as we prepare for future opportunities and challenges.

I also met Ambassadors and senior embassy officials from around the world, including many whose countries are involved in ongoing trade discussions with the UK and by extension, Guernsey.

Guernsey was represented at all three UK party conferences and they provided us with plenty of opportunities to build relationships and promote Guernsey’s history, our future interests and our economic aspirations.

September 2023 - Another busy month, hosting visitors to Guernsey and attending Sustainable Finance Week.

In September, Guernsey hosted The House Of Commons Select Committee and, separately, the Spanish Ambassador to London, His Excellency Mr José Pascual Marco Martínez. Both events provided us with an opportunity to build relationships and discuss topics of mutual interest.

Sustainable Finance Week also took place in September. The event focused on sustainable finance and innovation with some excellent keynote speeches and informal panel sessions. The event also gave us an opportunity to showcase Guernsey’s stunning natural environment and first class hospitality.

April 2023 - Institute of Directors (IOD) Japan – UK Symposium and meeting at the Japanese Embassy in London.

I represented Guernsey at two events earlier this week. On Monday, I attended the Institute of Directors’ Japan – U.K. Symposium at Japan House where I briefly met with U.K. Ministers responsible for representing U.K. and Guernsey interests in the Indo - Pacific region. On Tuesday, it was an honour to meet Minister Matsuura from the Embassy of Japan in London. We discussed areas of shared International interest ranging from financial and professional services to tourism and manufactured goods.

Click here to read article

April 2023 - Guernsey to participate in new free trade agreement.

Guernsey should benefit from new trans-Pacific trading agreement known as the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). Since the UK's withdrawal from the EU, the Bailiwick has become increasingly internationally facing and it is essential to ensure that the islands continue to be well placed and globally recognised alongside the UK, Jersey and the Isle of Man as adhering to international standards within a highly competitive and sometimes fractious global trading environment.

Click here for press release

February 2023 - Guernsey Green Finance renamed Sustainable Finance Guernsey

Guernsey Green Finance – the initiative through which Guernsey Finance promotes the island’s sustainable finance offerings – has been renamed Sustainable Finance Guernsey. The new name is intended to better reflect the broad work Guernsey does within the realm of sustainable finance.

Click here to Learn more

December 2022 - Commonwealth Trade and Investment Summit - London.

In December, I was part of small Guernsey delegation that attended the Commonwealth Trade and investment Summit in London. The event was attended by politicians and business leaders from across the Commonwealth. A great opportunity to fly the flag for Guernsey and listen to some excellent speeches and panel discussions.

November 2022 - Lending Credit and Finance Law approved at November States Meeting.

I was pleased that this ordinance received approval at the States meeting in November. The new law will come into effect in 2023.

Guernsey Press coverage from 27th December 2022

October 2022 - Low Value Debt Relief Policy Letter approved at October States Meeting.

I was delighted to bring this policy letter to the States of Guernsey for approval. Low value debt relief orders (“LVDROs”) are intended to help some of the most financially insecure individuals in society make a new start, and improve their wellbeing by providing for a resolution when faced with debts which they cannot pay. They provide a fresh start for those trapped in debt, who meet strict eligibility criteria.

October 2022 - Population / Immigration Policy Review approved at October States Meeting.

The Population and Immigration Review Policy Letter was presented by the Commitee for Home Affairs and approved at the October States meeting. I was proud to a member of a cross committee working group that helped to develop the proposals contained within the Policy Letter.

Guernsey Press coverage from 25th October 2022

September 2022 - UK Free Trade Agreements Policy Letter approved at September States Meeting.

Click here to read Policy Letter

July 2022 - Commonwealth Business Forum Visit - Birmingham

In July, I was part of small Guernsey delegation that attended the Commonwealth Business Forum in Birmingham. The event was attended by politicians and business leaders from across the Commonwealth. A great opportunity to fly the flag for Guernsey and listen to some excellent speeches and panel discussions. Here I am pictured with Deputy Jonathan Le Tocq.

March 2022 - Commonwealth Parliamentary Association Visit - Westminster

In March, I was proud to be part of a delegation representing Guernsey in Westminster. I met a number of MP’s, the Speaker of the House and attended PMQ’s.

February 2022 - Some more thoughts on the Tax Review