The declining value of the revenue pool has been cited as the main reason for government’s estimated £23 million financial shortfall at the end of the current financial year.
Treasury Minister Allan Bell believes the current climate could prove too turbulent for many of our offshore rivals (audio file attached):
Island to host Inter-Celtic Business Forum
Event on 16 April to bring nations together to 'share ideas'
Post Office reports stronger profits but warns of major changes
Organisation remains financially stable as letter volumes fall and government services are set to be withdrawn
Food wholesaler to close after 55 years
KC Foods has been in business on the Island since 1971
Manx Radio reports financial loss amidst ‘continued market uncertainty’
Loss of around £20k reported by national broadcaster
