A keen spirit of enterprise

Looking back over the centuries, we can see that Guernsey has always had a remarkable habit of identifying and capitalising on new business opportunities. This entrepreneurial spirit has been very much in evidence over the past 40 years during the establishment and development of an international financial services industry in the island. Its inception can be taken as the mid-1960s, when a clutch of merchant banks opened on the island. At that time, horticulture and tourism were the primary drivers in the Guernsey economy, but the subsequent four decades have seen the international financ...