People in the Isle of Man are being warned the credit crunch will affect them.
There is unease in the housing market in the United Kingdom and worldwide financial gloom, and homeowners in the Island are being told they are not immune.
The comments are from Director of Information for the Celtic League Bernard Moffatt (pictured), who was a guest on Talking Heads today:
Manx Rock Ltd to be announced as new Northern Civic Amenity site operator
Sources suggest the company will run the facility nearly year-round
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Organisation remains financially stable as letter volumes fall and government services are set to be withdrawn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
