Falklands Budget Select Committee discuss 70% service charge increase
A 70% proposed increase to the service charge was discussed at the latest meeting of the budget select committee. The proposed rate for service charges
HSBC awarded FIG £400 million investment portfolio
HSBC Private Banking UK has been awarded management of FIG’s £400 million investment fund portfolio, after a competitive tender process. The transfer has now been
Corporation Tax revenue £14 million below prediction
The Standing Finance Committee heard this week that Corporation Tax revenue for this financial year is predicted to be £14 million below projections. With borrowing
Could global financial worries impact FIG’s investment portfolio?
Global financial markets took a turn for the worst this week, as an unexpected selloff of stocks left investors worrying that the US could go
Falkland Islands Government cease £120m port contract negotiations with Harland & Wolff
Falkland Islands Government has ended contractual negotiations with Harland & Wolff for the new port project. This comes after both parties were unable to reach
Concerns over Falklands State Pension allowance
Concerns over retirement living standards were discussed during Legislative Assembly last week. MLA Gavin Short reported to the assembly the current calculations on living standard
Chamber of Commerce voice opinion on 2024/25 budget
A public meeting was held at the town hall on Monday to discuss the recently approved Government Budget. At the meeting the financial secretary Pat
Falkland Islands Government Budget Approved
The sitting began with The Acting Governor, Dave Morgan delivering the annual address on behalf of Her Excellency The Governor Alison Blake. Once greeted by
A closer look at the Gender Pay Gap in the Falklands
The results of the 2021 Census showed a gender pay gap present on the islands. In hopes of better understanding the root of this problem
An increase to the FIGAS spares budget approved
A discussion paper proposing reduced winter operations was raised at the Transport Advisory Committee this week. The proposal would reduce flight hours from 5 days