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Guernsey's President for Economic Development resigns

Credit: ITV Channel Television

One of Guernsey's most senior politicians has confirmed to ITV News he is standing down as President of the Committee for Economic Development.

Deputy Peter Ferbrache, who is also a well known advocate, has headed up the Committee since the 2016 election.

It comes as his committee faces intense criticism to cuts it made in funding for local art and sporting events, but Deputy Ferbrache isn't yet commenting on whether that's played a role in his decision to quit.

It's expected the States will appoint a replacement for the committee next month.