Millar said S&P had “recognised the good position that our previous financial decisions have put us in, with robust reserves and comparatively low borrowing”.<\/p>\n
She said the government had started to curb the growth in day-to-day expenditure and “remained absolutely committed to reducing spend” to enable investment in Jersey’s infrastructure and strengthen reserves.<\/p>\n
A recent poll taken by the Institute of Directors Jersey showed business leaders felt confident about their own futures but unsure about the island’s wider economy.<\/p>\n
The poll carried out between 20 November and 11 December suggested 17% felt optimistic about Jersey’s economy, while 63% expected things to get worse.<\/p>\n
Firms said the biggest issues holding them back were what they described as weak economic conditions, the rising cost of labour, the difficulty of finding skilled staff and red tape.<\/p>\n","protected":false},"excerpt":{"rendered":"Millar said S&P had “recognised the good position that our previous financial decisions have put us in, with…\n","protected":false},"author":2,"featured_media":426214,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-426213","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/426213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=426213"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/426213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/426214"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=426213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=426213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=426213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}