Latest news with #Roffey
BBC News
10-04-2025
- Business
- BBC News
Guernsey taxpayers 'not expected' to fund Aurigny's 2024 losses
Guernsey taxpayers have been reassured it is unlikely they will have to foot the bill for the losses Aurigny incurred in level of loss last year has not been released publicly but some politicians suggested in the States Assembly that it could run to between £6m and £ company, States-owned since 2003, was recapitalised by the island's government in 2015 and 2021. It made profit in 2022 and Peter Roffey, President of the States Trading Supervisory Board, said: "We do not expect to be approaching the assembly for any further capital injection as a result of any losses that were made last year." He said: "We expect Aurigny to be able to trade their way out of that and so the last injection of money from the tax payer remains at 2021."Facing questions in the States meeting, Roffey said the issues faced by Aurigny were not due to the company selling its Embraer jet in 2024 and things may have been worse if that had not been the total of the losses, he said: "I have not seen any actuarial figure yet... but I know it will run into several million pounds."
Yahoo
17-02-2025
- Business
- Yahoo
States members urged to set pension example
States members could see a reduction in their pay if they choose not to save it in a pension scheme. Deputy Peter Roffey is proposing they lose 2% of their pay if they do not invest part of it into a Your Island Pension account. Currently States members do not get a pension, instead receiving a 15% uplift in pay. The incentive to save has been suggested to encourage States members to set an example to the rest of the island. Deputy Peter Roffey has put forward an amendment to recommendations which followed an independent review of States' members' pay. The panel had recommended States members continued to have a 15% uplift in pay instead of receiving a formal pension. But Deputy Roffey is suggesting 5% of this uplift be paid into a Your Island Pension account, with States members who opt out receiving only a 13% uplift. In the amendment, Deputy Roffey said that while the States was encouraging islanders to save for a pension "it seems very odd for the States not to be leading by example in this area." The amendment will be debated in March. Follow BBC Guernsey on X and Facebook. Send your story ideas to States members not to disclose worldwide interests States votes to limit speeches to 15 minutes Change over candidates showing election training
BBC News
17-02-2025
- Business
- BBC News
Guernsey States members urged to set pension example
States members could see a reduction in their pay if they choose not to save it in a pension Peter Roffey is proposing they lose 2% of their pay if they do not invest part of it into a Your Island Pension States members do not get a pension, instead receiving a 15% uplift in incentive to save has been suggested to encourage States members to set an example to the rest of the island. Deputy Peter Roffey has put forward an amendment to recommendations which followed an independent review of States' members' panel had recommended States members continued to have a 15% uplift in pay instead of receiving a formal Deputy Roffey is suggesting 5% of this uplift be paid into a Your Island Pension account, with States members who opt out receiving only a 13% the amendment, Deputy Roffey said that while the States was encouraging islanders to save for a pension "it seems very odd for the States not to be leading by example in this area."The amendment will be debated in March.
