Topic: James Duddridge

The results of last month’s ‘Brexit’ vote in the United Kingdom will not alter the territorial relationship between Britain and Cayman, overseas territories Minister James Duddridge said this week.

Because of Finance Minister Marco Archer’s attempts to guide the Cayman Islands government out of debt, local taxpayers have accumulated a new kind of debt — of gratitude.

The Cayman Islands has more than enough operating cash in the bank, according to U.K. officials who are evaluating whether the government will return to local budget autonomy ahead of the next fiscal year which begins in July.