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Guernsey does not have a Central Bank and it issues its own sterling coinage and banknotes. UK coinage and (English, Scottish and Northern Irish-faced) banknotes also circulate freely and interchangeably. [77] Total island investment funds, used to fund pensions and future island costs, amount to £2.7billion as at June 2016. [78]
The Channel Islands [note 1] are an archipelago in the English Channel, off the French coast of Normandy.They are divided into two Crown Dependencies: the Bailiwick of Jersey, which is the largest of the islands; and the Bailiwick of Guernsey, consisting of Guernsey, Alderney, Sark, Herm and some smaller islands.
All three legal jurisdictions need royal assent from the Monarch on its primary legislation, but as of February 29, 2024, certain domestic primary legislation need only the Lieutenant-Governor's assent. Each jurisdiction raises its own taxation, [14] although in 1949 Alderney transferred its rights to Guernsey.
The Crown Dependencies [c] are three offshore island territories in the British Islands that are self-governing possessions of the British Crown: the Bailiwick of Guernsey and the Bailiwick of Jersey, both located in the English Channel and together known as the Channel Islands, and the Isle of Man in the Irish Sea between Great Britain and Ireland.
The location of Guernsey An enlargeable map of the Bailiwick of Guernsey Enlargeable, detailed map of Guernsey and nearby islands. The following outline is provided as an overview of and topical guide to Guernsey: The Bailiwick of Guernsey – British Crown dependency located in the Channel Islands off the coast of Normandy. [1]
The Alliance Party was registered in February 2020 and was the first party to be formed on the Island. A third registered party, the Guernsey Partnership of Independents, claims not to be a party in the conventional sense as its members are free to set their own manifestos which may differ from the party manifesto, and are not subject to the whip.
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While Guernsey has complete autonomy over internal affairs and certain external matters, the topic of complete independence from the British Crown has been discussed widely and frequently, with ideas ranging from Guernsey obtaining independence as a Commonwealth realm to the bailiwicks of Guernsey and Jersey uniting and forming an independent federal state within the Commonwealth, whereby both ...