Sarah, I have 3 questions for you
1)There is no getting away from the fact that Jersey will be hit by a recession if it hits the UK albeit perhaps not to the same degree. The building industry is always one of the hardest hit in recessions and Harcourt would be no exception with commitments in various countries on the go, law suits in two and perhaps starved of credit.
Sen Ozouf has said that he would make sure that "the contract with the developers is watertight to protect the interest of the islanders / tax payers "
The only way this could be done is by bank guarantees which, up to recently, was " waterproof " With banks now going bust how exactly could this be achieved ? 2)Considering the Esplanade Quarter depends on these same finance houses willing to spend a small fortune to move from their present locations to the Quarter and the cost of project being over £300 million, ( most expensive States project ever ) do you not think it prudent to shelve the project until the global finance situation has improved greatly ?
Bearing in mind that it is our money put on the line and the risks taken would be ours, the tax payers
3) If you are elected to be Senator on Wednesday and susequently become Economic Development Minister would you disclose the amount of subsidies ( our money ) paid to airlines BMI, FLYBE and EASYJET
given these could amount to as much as £5 million per year ( perhaps between £3 and £3.5 million to BMI alone for Heathrow ) ?
Minister MacClean has persistantly refused this for reasons of "commercial sensitivity" even though asked by several States members to do so and given it is our money after all