Claims Jersey heading for bankruptcy 'inaccurate'

Claims that Jersey is heading for bankruptcy have been called 'inaccurate' by the treasury.

An article published in the Guardian slams the island's off-shore finance industry saying it has allowed other industries to 'shrivel'.

Senator Alan Maclean, Minister for Treasury and Resources, says he is disappointed with the article and that it ignores the 'key points' that are relevant.

He points to the latest statistics showing the economy's growth of 5%, the finance industry's increase of 9% and other broad area's growth over the past two years.

He added that relating a drop in tourism and agriculture to finance is 'unrealistic' and 'untrue'.