| INCISIVE | Cutting losses ultimately, this person's in Channel Islands first |
| SHEARING | Cutting losses at last, prior to trial (8) |
| GOWEST | Banks in Gujarat, having run up debts and losses, ultimately die (2,4) |
| STOCKHOLDERS | Investors capital almost overdrawn - reflected losses, ultimately! (12) |
| IMAM | This person's in the morning a prayer leader (4) |
| ANIMUS | This person's in a group of students showing hatred (6) |
| ESTIMATE | Reckon this person's in Eastern country (8) |
| FORESTER | This person's in favour of protecting new trees |
| SASHIMI | This person's in band on island for exotic dish (7) |
| GRIMACE | This person's in grand competition showing frown (7) |
| OLDMANOFHOY | Sea stack in the Orkney Islands, first climbed in 1966 |
| ZIMRI | This person's in zone with religious instruction for fifth king of Israel (5) |
| HERMIT | Two islands, first of them solitary |
| SAMOA | Ultimately this bird disappeared crossing a group of islands (5) |
| INSTIL | Drop in this month on large island first (6) |
| MANSE | Eastern island's first minister's residence |
| CYPRUS | Island's first to cultivate variety of syrup (6) |
| HOMEWARDBOUND | Medical Examiner taken in by Howard Spring? Ultimately, this is destiny of the Prodigal Son! (8-5) |
| SWISS | Cuckoo clocks, chocolates, snow, Alps and Heidi ultimately - this? (5) |
| JUTE | Project late ultimately, this for the sack? (4) |
