Jersey

Jersey shares tips on its economy at Tory conference

Senator Freddie Cohen with Exchequer Secretary to HM Treasury David Gauke MP
Image caption Senator Cohen and David Gauke spoke at the event called 'Wealth Creation & The Coalition: An Agenda for Growth'

Jersey's assistant chief minister has been telling Conservative Party conference delegates how the island manages its economy.

Senator Freddie Cohen was speaking at an Adam Smith Institute fringe event.

The Exchequer Secretary to HM Treasury, David Gauke MP, John Redwood MP, and City A.M. Editor, Allister Heath also spoke at the event.

Senator Cohen spoke about wealth creation and economic growth at the event in Manchester on Monday.

He said: "I was pleased to see how enthusiastically delegates responded to the speech, which outlined the prudent way in which Jersey has managed its economy through balanced budgets and the avoidance of public debt.

"There has been a great show of interest in Jersey and our plans for future economic growth without growing the population, which will allow us to maintain high standards of social and welfare services and health and education provision.

"I was able to talk about Jersey's expansion into new emerging markets, both from a financial services and from a new industries perspective."

Senator Cohen left the conference on Monday evening, but Deputy Chief Minister, Senator Philip Ozouf, remains there.

He will be meeting Tourism and Heritage Minister, John Penrose MP, and Conservative peer and Chairman of the Conservative Muslim Forum, Lord Sheikh.

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