Channel Islands

:Alternative meaning: Channel Islands of California

Economy

Tourism is the major industry in the smaller islands (with some agriculture). Jersey and Guernsey have, since the 1960s, relied on financial services. Guernsey's horticultural and glasshouse activities have been more significant than in Jersey, and Guernsey has maintained light industry as a higher proportion of its economy than Jersey. Jersey's economy since the 1980s has been substantially more reliant on finance.

Related Topics:
1960s - 1980s

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Both Bailiwicks issue their own banknotes and coins, which circulate freely in all the islands alongside UK coinage and Bank of England and Scottish banknotes. See: Guernsey pound and Jersey pound

Related Topics:
Guernsey pound - Jersey pound

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