About Guernsey

Although Guernsey is geographically much closer to France than the UK, it is loyal to the British crown. This loyalty can be traced back to Norman times when the Channel Islands first became part of the English realm and forms the basis of the island’s constitution.
Today the island is self-governing and enjoys the same level of independence it has had since first becoming associated with England.
Guernsey’s ability to look after its own fiscal affairs has meant that it has been able to foster a favourable tax climate. This has led to many offshore banks, fund managers and insurance companies establishing here. Whilst the traditional industries of flower growing, fishing and dairy farming still play an important part, contributing both to the varied economy and to the island’s character. There are also a number of high profile light industries based on the island, including Specsavers Optical Group, Healthspan and Healthy Direct.
Guernsey also has its own stamps and currency, and while British pounds can be used on the island, Guernsey pounds cannot be used in the UK.
Follow the links below for further, in-depth information about the many different aspects of Guernsey’s economy, constitution and political system.