The disclaimer about the possibility that your investments “may go up as well as down” is used regularly in financial marketing… and also seems to apply to government statistics.

A list of the top 100 suppliers to the Government of Jersey in 2024, first published by the Treasury Department last November, has had to be re-issued as a result of multiple errors.

In the revised list, there are sharp falls for three of the suppliers listed – including the Parish of St Helier, which was recorded as 21st in the rankings with a total spend of £3.01 million, but drops to 58th in the updated list, with spending that in fact totalled only £1.29m.

The government’s work with Les Amis was noted as being £2.06m in the initial release, but this figure has been revised to £1.46m, causing the charity/social enterprise to drop from 38th to 54th in the charts.

And the biggest change involved St Helier-based law firm Bois Bois, which was listed as 18th in the top 100 with a spend of £3.62m. Treasury’s recent update states that the firm had been “included in error” and that the actual spend put Bois Bois outside the top 100, meaning that the sum involved was below the £854,000 spent with 100th-placed Gatenby Sanderson, a UK based recruitment firm.

In a statistical re-enactment of nursery rhyme Ten in the Bed, other suppliers previously ranked between 19 and 100 have been rolled up a place or two to fill the vacant slots, with Gatenby Sanderson claiming the “highest new entry” title.

A further change involved the 20th-placed supplier, initially named as “Hotel Accom Purchase Card”. This entry, which involves a sum of £3.05m, has been corrected to HRG. The company, formerly Hogg Robinson Group, is now part of American Express and handles travel for States employees.

In the foreword to the revised report, it is stated that “an additional review of expenditure has been completed, and consequently further changes have been made to ensure consistency and accurately reflect expenditure with suppliers”.

The top 100 suppliers dates from 2020, when a call for such data to be published was made in a proposition brought to the States Assembly by Deputy Kirsten Morel, who was a backbench Member at the time.

Lists for 2021 and 2022 were issued in September 2023, while the lists for 2023 and 2024 were published in November 2025.

Express has asked the Treasury Department for details about the errors, and a fuller explanation.