Business News

Manx Telecom continues investment in fixed line network

Manx Telecom has upgraded the Island’s fixed line phone network to a software based, cloud computing platform which in the longer-term will make it possible to introduce new and faster services for consumers and businesses. The company’s latest investment in communications infrastructure ensures that the Island is keeping pace with fixed line technology being introduced […]

TDL secures five-year deal through local market-leading partnership

Trade Distribution Limited (TDL), established in 2000, has become one of the Island’s leading logistics businesses, employing over 100 staff and operating from a purpose built 60,000 sq ft warehouse and distribution centre in Kewaigue. The company is continuing to make significant inroads into the UK after it secured a further five-year contract with Braddan-based […]

Establishment of Financial Intelligence Unit

The Isle of Man is strengthening is commitment to tackling corruption, money laundering and the financing of terrorism through the creation of the Financial Intelligence Unit (FIU). The FIU became operational today, Friday 22 April 2016 after Royal Assent was granted for the Financial Intelligence Unit Act 2016. The legislation establishes the FIU as a […]

Isle of Man Companies Shortlisted for top e-Gaming Industry Awards

A large number of Isle of Man e-Gaming companies have been shortlisted for the prestigious 2016 B2B Awards by eGaming Review Magazine (EGR). The annual EGR B2B Awards, now in their seventh year, celebrate excellence in a range of e-Gaming disciplines, including payments, software and IT. Alfred Cannan MHK, the Department Member with responsibility for […]

Business News

NEDBANK PRIVATE WEALTH WINS BEST UK PRIVATE BANK FOR SECOND YEAR RUNNING

Nedbank Private Wealth has won Best UK Private Bank for a second year running at the prestigious City of London Wealth Management Awards 2016. The awards were announced in April at a Gala Dinner at The Guildhall, which was hosted by BBC news presenter, Sophie Raworth. Greg Horton, Nedbank Private Wealth’s international executive head, said: […]

Single parent support group receives Recognition award

A support group for single parent families is set to enjoy a higher profile and keep its ‘younger members’ entertained after it received a Celton Manx Recognition award. Manx Gingerbread Friendship Group is one of 22 local good causes to benefit in 2016 from the award scheme aimed at those charities and not-for-profit organisations with […]

Abacus Group celebrates 40 years of successful business on the Isle of Man

Reputation, independence and longevity – these are the keys to success according to Abacus Group Managing Director Stewart Fleming as the company celebrates 40 years in business this month. Based on Circular Road in Douglas, Abacus provides a range of fiduciary and professional administration services including management of trusts, funds, property, yachts and aircraft. The […]

C5 Alliance Wins Four Year Andium Homes IT Contract Against Local and International Businesses

C5 Alliance Limited (C5) has been awarded the contract to supply Andium Homes with the implementation and support of a hosted IT infrastructure over the next four years. Andium Homes chose C5 over a number of Off-Island businesses and other local suppliers looking to attain the contract. Following a detailed review of Andium Homes’ requirements, […]

Events

Rainbows guaranteed to appear at the Barclays Jersey Boat Show

A new flock of very colourful ducks has arrived in Jersey, ready for the Barclays Jersey Boat Show, which starts on Saturday 30th April. The ducks, which will be used at the Barclays stand in the ‘Hook a Duck’ game, have been designed by ten year old Holly Freitas following a competition at last year’s […]

Board Apprentice launches in Jersey

Board Apprentice, the organisation that aims to increase the number and diversity of candidates for board positions, will launch in Jersey this month. The launch event on Wednesday 4th May will provide an opportunity to listen to companies and apprentices as they share their experiences of being involved in Board Apprentice. Board Apprentice is an […]

IT’S TIME FOR GUERNSEY’S BUSINESS COMMUNITY TO GO QUACKERS

Big yellow ducks are back on the business agenda as this year’s Harbour Carnival looks to Guernsey’s companies to purchase and enter their very own duck into the event’s Corporate Duck Race.   Sponsored for the ninth year by RBC Wealth Management, this year’s Harbour Carnival will take place on Friday 22 July, with 50% […]

Guernsey returns to Zurich to host ILS masterclass

Following the success of its inaugural ILS Insight event in Zurich in 2014, Guernsey Finance is returning to the Swiss city to host its annual ILS masterclass. The ‘ILS Insight’ event moved to London last year but will return to the Park Hyatt Zurich for the 2016 instalment. Taking place on Thursday 7 July, the […]

Appointments

New director for Moore Stephens Financial Services

Moore Stephens Isle of Man is pleased to announce the promotion of Financial Adviser Steven Lannigan to Director. Steven joined Moore Stephens in June 2015 as a Financial Adviser in Moore Stephens Financial Services. Following service in the Royal Air Force, Steven has had over 18 years’ experience in the financial industry, giving him the […]

Optimus Recruitment continues to strengthen bespoke team of industry experts.

Optimus Recruitment has recently appointed 2 additional members of staff to their recruitment team.   Anna Lawrence joined from BNP Paribas where she began her career on their graduate training scheme in 2005. This subsequently led to a position within their Wealth Management team. As a Relationship Manager she was responsible for delivering customised wealth […]

Brooks Macdonald bolsters business development capabilities with Channel Islands hire

Brooks Macdonald, one of the largest investment managers in the Channel Islands, has bolstered its business development team with the appointment of Peter Musker as Business Development Manager. Based in Jersey, Peter will be responsible for promoting the firm’s range of discretionary investment management services to a range of trustees, advisers, private clients and charities […]

Senior promotion for Carey Olsen

Carey Olsen corporate lawyer David Allen has been promoted to counsel in the firm’s Jersey office. Mr Allen has worked on a number of high profile transactions in his career to date and his practice has a particular focus on mergers and acquisitions, international listings of Jersey companies and Jersey schemes of arrangement. Mr Allen […]

Community News

Condor ‘Design A Mascot’ winner’s Olly the Octopus debuts on board Condor

Olly the Octopus, the winning design from last year’s Condor Ferries Design a Mascot competition, has been made into a soft toy which is now available on board in Condor’s duty free shops. Caroline Carter, age 12, won the pan-Channel Islands competition which was run through both the Guernsey Press and the Jersey Evening Post […]

Guernsey Electricity sponsored team to take part in international robotics competition.

A Guernsey Electricity sponsored team is set to take part in an international robotics competition this weekend.   The competition, which is run by the University of Southampton and charity Student Robotics, will see a team of two Ladies’ College students pit their robot against teams from all over Britain as well as France and […]

RBC WEALTH MANAGEMENT LAUNCHES GREEN GRANTS FUND

Ten local environmental good causes will receive £500 each, as RBC Wealth Management launches its RBC Green Grants. The organisation took the decision to set up the grant programme, as an addition to its main local charitable donations fund, to support meaningful and important environmental projects in the island.  Francis Binney, RBC’s Environmental Officer said: […]

New world record raises over £8,800 for local charities

Simon Johns and James Coquelin’s Row24 challenge has exceeded its initial fundraising target by raising £8,824.21 for the Priaulx Premature Baby Foundation and The Ivy Trust. The dynamic duo recently broke the world indoor rowing record for the men’s 30-39 years lightweight category on the concept-2 rowing machine by taking turns to row 20-minute sessions […]

Charity News

Row24 – record attempt raises money for local charities

Two local oarsmen will try to break a world record and raise money for charity when they attempt to row nonstop for 24 hours in February. Simon Johns and James Coquelin are attempting to break the world 24-hour indoor rowing record for the men’s 30-39 years, lightweight category on the Concept-2 rowing machine. The current […]

The Burrow is £60,000 closer to becoming a reality

2015 saw the Priaulx Premature Baby Foundation raise £60,000 for their latest project. The aim of The Burrow is to purchase a property next to Southampton Hospital that families across the Bailiwick can use if their newborn baby or child requires critical off-island treatment. A fantastic number of donations and fundraising efforts by individuals and […]

The Burrow is £60,000 closer to becoming a reality

2015 saw the Priaulx Premature Baby Foundation raise £60,000 for their latest project. The aim of The Burrow is to purchase a property next to Southampton Hospital that families across the Bailiwick can use if their newborn baby or child requires critical off-island treatment. A fantastic number of donations and fundraising efforts by individuals and […]

Jersey Directors gather to raise money for The Jersey Cancer Trust

The Jersey Association of Directors and Officers (“JADO”) holds a variety of CPD and networking events throughout the year for its members.  The next event is ‘Speed Quizzing which is being held on Thursday 12th November at the Royal Yacht Hotel.  Money raised from this event is being donated to the Jersey Cancer Trust. Colin […]

Other News

Conference addresses the challenges facing business in 2016

| April 29, 2016

ICSA: The Governance Institute is considering the recent and forthcoming changes in the regulatory environment and how they will affect businesses at this year’s annual conference for governance, risk and compliance professionals. Taking place at the Sefton Hotel on 11 May 2016, the conference will also focus on the risks posed to business by the […]

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Citywing: Now booking to March 2017

| April 29, 2016

Customers of the only Isle of Man-based flight provider Citywing can now book their flights online to March 2017. The Citywing winter 2016-2017 timetable is now loaded into the system with more than 4,000 seats available at the lowest fares which start from just £23.95 one way. Managing director David Buck said: ‘Our scheduling – […]

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ZEDRA ACQUIRES JERSEY-BASED AZURE TRUST

| April 29, 2016

ZEDRA (the “Group”), the global independent specialist in trust, fiduciary, corporate and fund services, announces today that it has acquired the Jersey-based Azure Trust Group Limited (“Azure”).  Azure is a Jersey-based trust, corporate and fund services group, which will be merged into ZEDRA’s existing Jersey team, building a presence on the island of more than […]

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Rowlands Access the Benefits of Mindfulness Meditation

| April 29, 2016

The team at Rowlands Recruitment recently held a session on mindfulness meditation at their office, led by founder of Capturing Presence Dan Ireland. The session introduced the team to the ancient practice and showed them how it can be practically used to manage the stresses and challenges of everyday life. Following Senior Recruitment Consultant Sophie Hickey’s successful mindfulness sessions at Capturing […]

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