Guernsey 2,453 employing businesses. 19.6% work in the finance industry and median earnings were £31,215. Public services, such as water, wastewater, the two main harbours and the airport are still owned and controlled by the States of Guernsey. The electricity, and postal services have been commercialised by the States and are now operated by companies wholly owned by the States of Guernsey. Gas is supplied by an independent private company. In 1998, Guernsey and Jersey jointly formed the Channel Islands Electricity Grid to operate and manage the submarine cables between Europe and the Channel Islands. The installation of these cables provided
History of Guernsey and Jersey were given certain privileges as the English crown needed the Islands to be loyal, not least of which was the Islands neutrality, allowing trade to be pursued with France and England, even when these were at war. The trade creating revenue from taxes to pay for the Island garrisons. During the English Civil War, Guernsey sided with the Parliamentarians, while Jersey remained Royalist. Guernsey's decision was mainly related to the higher proportion of Calvinists and other Reformed churches, as well as Charles I's refusal to take up the case of some Guernsey seamen who had been captured by