Latest News Headlines
On-Air Now
Listen Live
Facebook

Bell says finance sector still being tested

Fri, 27 Apr 2012


The Chief Minister believes the Island's finance sector will continue to be tested as banks make changes to adjust to the changing economic times.

Mr Bell is responding to news that HSBC is scaling back operations in the Channel Islands and the Isle of Man.

Two or three redundancies are expected at the branch here but most of the job losses are in Jersey where 90 posts will go.

Mr Bell says the world has changed dramatically since the credit crunch.

He expects there'll be more challenges ahead.

 


Media

  • Allan Bell MHK

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed