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Closing business blames off Island competition

Multinationals partly responsible?

The Managing Director of Jack Frost, which has now closed its doors permanently after being rescued financially just two months ago, says planning decisions and the arrival of multinationals on the island is making life impossible.

Mike Priest says the business will sell off its stock over the next fortnight, before putting their Spring Valley premises on the market.

He says competition from off island has been partly responsible for their demise:

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