The development, backed by the Itex Group and the Jersey Electricity Company, will provide secure, non-stop computering and communications to thousands of e-commerce companies whose servers are expected to be hosted by the centre.
The facility is connected directly to a new fibre optic telecommunications link to mainland Europe, which is being built alongside the Channel Island’s electricity grid.
Chris Evans, a director of Itex, said: ‘This alliance lays the foundation on which Jersey can become the offshore e-business hub for Europe in the same way Bermuda is positioned for North America.’
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union