Falkland Islands Government launches new bank notes
As part of the Falklands Day celebrations, Falkland Islands Government launched new £5, £10 and £20 banknotes. The design references the first recorded sighting of
Falkland Islands Government publishes 2014-2024 National Accounts
Falkland Islands Government’s Policy Department has published the National Accounts for 2014 to 2024. Falklands Gross Domestic Product in 2024 rose by 3.6% to £175
Falkland Islands Government secured investment for capital projects
The Falkland Islands Government have raised £150 million pounds to facilitate investment in the capital programme over the coming years. The funds were raised through
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