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):
Ministers to meet with LVA to discuss hospitality concerns
Comes after concerns raised about the issues facing the industry
Looneys of Ramsey to close
Number of factors behind the decision
Trade is good, but it's still a struggle to make a profit, says local business
Comes after calls for gov't to do more to help hospitality sector
Villiers Square development plans approved
Two buildings proposed for the site
Developer offers Newson's building to government 'free of charge'
But government minister thinks it wouldn't be appropriate to accept
Financial education course launched through UCM
Two-year course combines various qualifications
