Much has been made of late about a number of financial institutions choosing to base themselves in Jersey over Guernsey. Is it due to cost of living? Or pending GST proposals in Guernsey, perhaps?
Whilst there may be a number of complex reasons behind this, one company headquartered in Guernsey is expanding across the island.
Local bank Skipton is growing – and fast! Just a few years ago the company employed 58 staff. Fast forward to 2023 and there are now 80 individuals working across the broad spectrum of roles within the organisation, and that expansion isn’t stopping.
The bank is currently seeking another eleven employees, with future expansion plans on the table.
Declan Maginnis has worked in Skipton’s Commercial team for four years. He said: “Skipton offered one of the best and most competitive training and development opportunities on the island, with good financial incentives and strong links with the wider business. I knew that a successful local firm was where I wanted to take my career and so stepping into my role in Guernsey was the most sensible move for me.
“I have built up invaluable skills that I have taken forward, including a great understanding of a professional services world; particularly in how to network effectively and present yourself in a large organisation. They have also offered fantastic support and advice when I needed it.”
James Kennedy joined the bank five months ago. His thoughts are very much aligned to those of Declan. He said: “Skipton is a great place to grow your career, it has amazing people throughout the Guernsey and Jersey offices, with fantastic learning and development opportunities that will set you up for future life. I consider myself very lucky to have found an employer who ‘gets’ me.”