The construction of a new international finance centre in Jersey has taken a step forwards, with the announcement of the first tenant.
Mark Boleat, Jersey Development Company Chairman, says it'll allow the project to progress quickly, and will provide major benefits to the community:
Jersey's Treasury Minister says people will get straight answers. But he said details about UBS moving in were "commercially sensitive".
UBS has agreed to lease part of the controversial new development. Earlier this week an appeal against the planning consent was launched.