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Esplanade: States agreed to £75m profits – then braced for £50m loss

The 2008 Waterfront Masterplan laid the foundations for the eventual construction of the Jersey Development Company’s International Finance Centre (IFC) – a controversial development that divided islanders and politicians, and sparked protests. A Corporate Affairs Scrutiny Report published today showed that States members had agreed to the original Esplanade “Masterplan” on the basis that it […]

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