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):
Work underway to 'get confidence back in the economy'
Chief minister says concern over finances based on 'more sentiment than actual evidence'
Energy and food security "two most important things", says MHK
Douglas North's John Wannenburgh believes these are the two main components that will determine the Island's survival
Gatwick drop-off fee rises again
Heads up for Manx air passengers travelling to London
Isle of Man inflation holds steady at 2.8 percent in November
Food, hospitality and education costs continue to rise, while falls in energy prices help offset pressures
