AN AUDIENCE WITH THE TREASURY MIN – ALF C

“A PLATFORM FOR AN ECONOMIC FIGHTBACK.

TOWARDS A GREEN, DIGITAL, SAFE FUTURE”

MORN’N & WELCOME EVERYONE 

THERE’S A LOT TO GET THROUGH

KNOW YOU’RE ALL KEEN TO ASK YOUR QUESTIONS

SO LET’S GET GOING!

ALF RAN THROUGH HIS UPDATE WHICH WE COVERED HERE YESTERDAY. CLOSING WITH, WE’RE OK. DON’T LET ANYONE TELL YOU WE’RE NOT

QUESTIONS AND ANSWERS

IS THERE SCOPE FOR A NATIONAL SAVINGS SCHEME? 

LISTEN, THERE’S SCOPE FOR A LOT OF OPTIONS. 

SHORT ANSWER: (IT WASN’T VERY SHORT BUT BASICALLY…) YES, WE’RE WILLING TO LISTEN.

WILL PETITION REQUESTS FROM PEOPLE SEEKING TO DEVELOP PUBLIC HOUSING BE CONSIDERED?

*TAKES DEEP BREATH*

INVESTING ON ISLAND WE’RE LOOKING TO BRING FORWARD CAPITAL PROGRAMMES. 

WE’RE TRYING TO COORDINATE INFRASTRUCTURE AND HOUSING PROGRAMMES.

SO MUCH WORK HAS BEEN PUT INTO THE MARKETPLACE, WE’VE RUN OUT OF RESOURCES.

ALL PROJECTS WILL BE GIVEN DUE CONSIDERATION IF WE CAN BRING SOCIAL & ECONOMIC BENEFITS & JOB OPPORTUNITIES.

THE ECONOMIC RECOVERY GROUP WANTS TO REMOVE BARRIERS FOR PREVENTION.

BECCA HAD A Q OF HER OWN – ECONOMIC RECOVERY GROUP, HOW WILL IT WORK? DURING LOCKDOWN WE’VE SEEN GOV WORK QUICKER THAN NORMAL. CAN YOU GIVE MORE INFO ON THE GROUP AND WILL IT WORK QUICKLY?

CAN’T GIVE A PANACEA BUT IF WE GET PEOPLE IN THE SAME ROOM THINGS WILL HAPPEN QUICKER. 1ST, I WANT TO SEE DECISIONS GIVEN BACK TO BUSINESS IN INDUSTRY.

LIAISON WITH BUSINESS AND INDUSTRY BECAME MORE EFFECTIVE DURING LOCKDOWN, I WANT TO SEE THAT CONTINUE.

UNEMPLOYMENT – IF WE’RE NOT ABLE TO GIVE HOPE WE NEED TO REACT TO THAT – NEED TO RE SKILL AND RETRAIN. GO TO BUSINESSES AND WORK WITH THEM ON THIS TO HELP UNDERSTAND WHAT HELP WE NEED TO PROVIDE.

CAN WE EXPECT TO SEE CHANGES TO PROCUREMENT POLICY?

IT’S ON MY TO DO LIST! WANT TO GET AS MUCH AS WE CAN LOCALLY. NEED TO CONSIDER IF LOCAL BUSINESS’ ONWARD SUPPLY CHAIN ISN’T LOCAL THOUGH. 

AIRLINKS – DEVELOPMENT OF AN AIRLINE? 

AIR TRANSPORT IS AREA OF CONCERN. WE’VE BEEN SUBSIDISING SKELETON AIR SERVICES. KEEN TO SEE RESUMPTION OF AIR TRAVEL BUT IT’S DIFFICULT. 

RE: INVESTMENT INTO AIRLINE, I AM SKEPTICAL OF HOW THAT WOULD WORK.

EASYJET HAS PROVIDED GOOD LINKS, ALTHOUGH NOT EVERYONE WILL AGREE. 

IT’S STILL A VERY UNCERTAIN SITUATION.

WE’RE KEEPING ROUTES ALIVE WITH PAYMENTS TO SUPPORT AIRLINES. 

IT ALL COMES DOWN TO BORDERS AND RESTRICTIONS.

IF THIS BECOMES A HINDRANCE, WE WILL THINK ABOUT THE OPEN SKIES POLICY.

AGEING POPULATION ISSUE

THIS IS ONE WE’VE BEEN DEALING WITH. LOCATE.IM STRATEGY HELPS WITH THIS. IT ATTRACTS PEOPLE AND BUSINESSES TO THE ISLAND.

WHAT EVIDENCE DO YOU HAVE THAT CUT IN VAT IS BEING PASSED ONTO THE CUSTOMER?

I DON’T HAVE ANY. IT’S A COMMERCIAL DECISION. IT’S THERE TO GIVE BUSINESSES THE OPPORTUNITY TO GET PEOPLE THROUGH THEIR DOORS AND I HOPE THEY’RE DOING IT, BUT IT’S THEIR DECISION.

GREEN FUTURE

EXCITING PROJECTS WITH BUSINESSES ON THE ISLAND THAT ARE LOOKING TO DEVELOP ON-ISLAND OFFERINGS. 

I’D LIKE TO KNOW MORE ABOUT WHAT WE CAN DO TO HELP. 

WE’RE GOING TO LOOK AT CLIMATE CHANGE – E CHARGING, HOUSING INSULATION ETC.

NEED TO KNOW HOW INFRASTRUCTURE LOOKS AROUND THAT – THERE WILL BE OPPORTUNITIES FOR BUSINESSES AROUND THIS. 

WANT TO KNOW HOW WE WILL TRAIN AND UPSKILL PEOPLE TO MEET THESE DEMANDS AND CLIMATE CHANGE TARGETS.

TAX

THERE ARE POTENTIAL ISSUES WITH TAXATION, PRESSURES ARE BEING ADDED AGAIN. WHEN THINGS GET TOUGH, PEOPLE LOOK FOR SOMEONE TO BLAME. 

I WANT TO KNOW HOW WE CAN BUILD ON OUR STRENGTHS FOR THE FUTURE.

GETTING ALL THESE PARTS TOGETHER WILL TAKE A WHILE BUT AIM TO HAVE A PLAN TOGETHER BY END OF THE YEAR/EARLY NEXT YEAR

FOR NOW, WE HAVE THE SHORT/MEDIUM TERM TO DEAL WITH. FRAMEWORK HAS BEEN SET OUT. THIS WILL IMPACT US EARLY NEXT YEAR BUT DIGITAL, GREEN, SAFE ISLAND DEVELOPMENTS CAN BE MADE IN THE SHORT TERM.

ALF HOPES MORE INFO ON THE DIRECT SCHEMES WILL BE ON THE WEBSITE TODAY 

CLOSING STATEMENT FROM ALF –

TO THE BUSINESS COMMUNITY, THANK YOU FOR YOUR EFFORTS, THANK YOU FOR EVERYTHING YOU ARE DOING. I ACKNOWLEDGE ITS A V TOUGH PERIOD. THERE IS A PERIOD OF OPPORTUNITY AHEAD. IF WE CAN GET THROUGH THE NEXT 6-9 MONTHS IN A HEALTHY POSITION AND DEAL WITH PROBLEMS SUCCESSFULLY WE CAN CAPITALISE ON THE OPPORTUNITIES.

I LOOK FORWARD TO SPEAKING WITH YOU IN THE COMING MONTHS

THANKS ALL FOR COMING X

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