The Falkland Islands' retail price index RPI increased by 2.9% in the 12-month period ending on December 2018, members of the Legislative Assembly were informed. The increase is broadly in line with previous quarters’ year-on-year increases.
Falkland Islands Members of the Legislative Assembly Mark Pollard and Stacy Bragger are travelling to the UK to attend Labor and Conservative Party Conferences. This is a special year for British politics given the ongoing Brexit debate, and countdown to UK leaving the European Union on 29 March 2019.
The Falkland Islands forecast operating budget surplus for the current financial year sits at £33m, Standing Finance Committee (SFC) was told on Wednesday. The surplus, up from the previous forecast of £27m, has been boosted by fishing company corporation tax payments, which have been “significantly higher than budget.”