Browse content similar to 21/10/2016. Check below for episodes and series from the same categories and more!
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A States of Jersey fund is being investigated after lending | :00:11. | :00:12. | |
nearly ?0.5 million of publhc money to a company that's | :00:13. | :00:17. | |
An executive who was connected with the company has exclushvely | :00:18. | :00:22. | |
told the BBC there was alwaxs a high chance it would fail. | :00:23. | :00:26. | |
The fund is currently suspended while it's under review. | :00:27. | :00:30. | |
The start-up company that took ?400,000 of public | :00:31. | :00:36. | |
The software firm Logfiller Limited got a loan | :00:37. | :00:41. | |
But the company's now gone, along with the money. | :00:42. | :00:46. | |
Well, the States set up the Jersey Innovation Fund | :00:47. | :00:50. | |
three years ago to invest in new businesses. | :00:51. | :00:53. | |
It's lent money to various projects, including ?400,000 | :00:54. | :00:56. | |
to Logfiller Limited earlier this year. | :00:57. | :00:59. | |
But this week, it was revealed Logfiller is being | :01:00. | :01:01. | |
The large majority of the ftnding was absorbed through the employment | :01:02. | :01:11. | |
I don't know what the criteria were by which the States of Jersey | :01:12. | :01:17. | |
made the decision but it is certainly a common and sound | :01:18. | :01:20. | |
principle to back promising technology that eventually | :01:21. | :01:22. | |
The execution of the details is where many of these very well | :01:23. | :01:28. | |
So should the States be takhng such risks with public money? | :01:29. | :01:35. | |
That issue's currently under investigation. | :01:36. | :01:38. | |
We want to make quite sure that all the checks and balances are done | :01:39. | :01:42. | |
that can be done to ensure `s much probity as possible and as luch | :01:43. | :01:45. | |
examination is done as posshble to ensure that such investmdnts | :01:46. | :01:48. | |
are as sound as they possibly can be. | :01:49. | :01:51. | |
The politician who oversees the fund wasn't available to speak to us | :01:52. | :01:55. | |
today but said in a statement that a number of actions have bedn taken, | :01:56. | :01:59. | |
including instructing a loc`l insolvency practice to do whatever | :02:00. | :02:03. | |
necessary to protect the States' interests. | :02:04. | :02:06. | |
And that the States has madd provision for default. | :02:07. | :02:09. | |
Whatever the provisions, the investigation into the fund | :02:10. | :02:12. | |
will question whether the States should be gambling with public | :02:13. | :02:14. | |
The cost of living in Jersex has risen almost double than Gudrnsey. | :02:15. | :02:22. | |
Official figures out in both islands today show that the rate | :02:23. | :02:25. | |
of inflation rose to 1.1% in Guernsey where as in Jersey it | :02:26. | :02:30. | |
rose by 2% - the highest increase since 2012. | :02:31. | :02:33. | |
Cleaning, phone bills and g`rdening services have all driven up the cost | :02:34. | :02:43. | |
But it seems the 3% hike in rental prices is causing | :02:44. | :02:53. | |
A lot of our population are currently enduring ment`l stress | :02:54. | :02:57. | |
where it becomes really that they do not have anythhng left | :02:58. | :03:02. | |
after covering the red at the end of the | :03:03. | :03:04. | |
day, so we have more islanddrs with rental stress combined with | :03:05. | :03:07. | |
increasing energy costs and increasing motoring cost and | :03:08. | :03:09. | |
increasing fuel costs and it is a very worrying statistic. | :03:10. | :03:12. | |
So what other costs are worrying islanders? | :03:13. | :03:16. | |
Cos you have to eat it all the time actually so yes food. | :03:17. | :03:24. | |
Food and clothes, even to go to the doctor is more expensive | :03:25. | :03:27. | |
Sugar, bread and fresh meat, with beef in particular seehng | :03:28. | :03:31. | |
a decrease in price over the past year. | :03:32. | :03:33. | |
We've done it through running specials on beef recently | :03:34. | :03:39. | |
but unless all the retailers react in the same way then | :03:40. | :03:43. | |
Not all retailers have put their prices down | :03:44. | :03:47. | |
for the customers to see, oh, it's got cheaper. | :03:48. | :03:52. | |
So certainly you're finding things on special offer in supermarkets | :03:53. | :03:57. | |
and butchers now that wouldn't be previously they'd be classed | :03:58. | :04:01. | |
And with more increases on the cards with the budget debate in Ddcember - | :04:02. | :04:05. | |
the shadow of price rises m`y be cast over islanders | :04:06. | :04:07. | |
Industry leaders are calling for a change in approach to the taxes | :04:08. | :04:12. | |
Representatives from the Gudrnsey Motor Trades Association have met | :04:13. | :04:17. | |
with Deputies ahead of next month's budget debate. | :04:18. | :04:19. | |
They're concerned that the current system is too fragmented, | :04:20. | :04:22. | |
and say that simply increashng taxes on fuel isn't | :04:23. | :04:25. | |
We've got registration fees, we ve got mission tax but only on cars for | :04:26. | :04:41. | |
the first time. It is time to look at what is trying to be achheved in | :04:42. | :04:46. | |
regard to funds and how you administer it. Without saying we | :04:47. | :04:53. | |
have the answer, what we ard saying, review is definitely needed | :04:54. | :04:54. | |
otherwise fuel prices will spiral. Jersey Police have launched | :04:55. | :04:58. | |
a new website in a bid 73 cases have been reported | :04:59. | :05:01. | |
in the island since April 2015, but officers believe more whll come | :05:02. | :05:04. | |
forward now they've teamed up with True Vision - | :05:05. | :05:07. | |
an online site which is used It has a Jersey page for victims | :05:08. | :05:09. | |
and witnesses to report Hate crime is not just a problem | :05:10. | :05:13. | |
for the police and the victhms. It is a community issue and needs | :05:14. | :05:18. | |
to be tackled by the communhty, so by allowing that third-p`rty | :05:19. | :05:22. | |
reporting gives more opporttnities for us to better understand | :05:23. | :05:24. | |
the nature of the issue. In tonight's rugby, Jersey Reds | :05:25. | :05:28. | |
ended their recent series of losses with a big 49-12 win over | :05:29. | :05:31. | |
Cardiff Blues in the The Reds scored seven tries | :05:32. | :05:33. | |
to end their run of five Jersey forwards coach Alex Rae | :05:34. | :05:37. | |
played the whole match after coming out of retiremdnt | :05:38. | :05:44. | |
because of an injury Let s take a look at the wedkend | :05:45. | :05:47. | |
weather with David Braine. Thank you. Hello, good evenhng. We | :05:48. | :06:05. | |
have a bit of interruption to our stock weather pattern. Quitd a | :06:06. | :06:10. | |
breeze developing on Sunday. Mostly fine at first, the winds increasing | :06:11. | :06:14. | |
through Sunday, the risk of a few showers, some tomorrow mornhng and | :06:15. | :06:19. | |
more on Sunday. Why the change? We still have the same area of low | :06:20. | :06:26. | |
pressure but down across thd more western parts of Spain and Portugal | :06:27. | :06:30. | |
is a developing area of low pressure that wants to become closer through | :06:31. | :06:35. | |
the weekend, it squeezes through the ice bars and gives a strong wind on | :06:36. | :06:41. | |
strong day as well as throwhng a lot of cloud which has the potential for | :06:42. | :06:46. | |
rain, then it is also out on Monday and Tuesday next week. The lain | :06:47. | :06:51. | |
story is a dry cold one overnight tonight but there is still the | :06:52. | :06:54. | |
possible deal of the board hsolated shower and temperatures down to 8 | :06:55. | :07:01. | |
degrees. For tomorrow, we'vd got the mixture of patchy cloud and sunny | :07:02. | :07:06. | |
spells. The cloud is thick dnough to generate a shower, mostly in the | :07:07. | :07:08. | |
morning, the afternoon looks brighter. Showers is not more | :07:09. | :07:15. | |
persistent rain are possibld across Spain and Portugal and more | :07:16. | :07:19. | |
widespread acre cloud in central and eastern parts of France. For us | :07:20. | :07:24. | |
after we get through Monday, it gets warmer and brighter. Have a nice | :07:25. | :07:28. | |
weekend. That's it from us. Have a good | :07:29. | :07:29. | |
weekend. Goodbye. sunshine to be enjoyed. Louise Lear | :07:30. | :07:37. | |
has the national forecast now though. | :07:38. | :07:40. | |
Good evening. Heading off to bed wondering what is in store for the | :07:41. | :07:44. | |
weekend? Pretty much what we have seen this week. Today we had a fair | :07:45. | :07:47. | |
amount of cloud around and a few showers coming in off the North Sea | :07:48. | :07:51. | |
coast. Topping and tailing the country, there was some beautiful | :07:52. | :07:55. | |
spells of sunshine. It was glorious in the Shetland aisles this | :07:56. | :07:58. | |
afternoon and down towards Cornwall as well. As for the weekend, it | :07:59. | :08:06. | |
could start off on a chilly note with some patchy fog and frost, but | :08:07. | :08:09. | |
then hopefully we should see some sunny spells coming through. The | :08:10. | :08:11. | |
showers always likely to be out towards the east. The showers | :08:12. | :08:15. | |
continuing this evening and overnight. Further west under | :08:16. | :08:20. | |
clearer skies yet again, we could see the temperatures falling away | :08:21. | :08:21. |