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Jersey Finance Industry Optimistic About The Future

by Jason Gorringe, Lowtax.net, London
15 April, 2015

The latest Jersey Business Tendency Survey shows that finance industry leaders continue to be optimistic about current and future growth prospects.

The majority of indicators for the finance industry were either positive or strongly positive, while four of the indicators improved – those measuring sentiment concerning business activity, profitability, employment levels, and future business activity.

Geoff Cook, CEO of Jersey Finance, said: "Whilst we should not draw too many long-term conclusions from a three-month period, we can nevertheless be encouraged by the general positive trend displayed, both for the finance industry and the wider commercial sector, as the business activity indicator for all sectors was the highest since the survey was introduced in 2009."

"Business optimism for the finance industry was unchanged from the previous quarter, indicating a consistent level of optimism about future growth, and particularly encouraging was the profitability indicator for the sector, which showed significant improvement once again, returning to the positive levels reported in mid-2014."

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