The Treasury Minister doesn't feel a potential downgrade of the Island's bond ratings will have a major impact on the Manx economy.
Moody's is set to review the AAA status.
It's thought if the ratings agency does downgrade the Island it will be because of external pressures, rather than domestic finances.
Eddie Teare:
Treasury welcomes Bank of England interest rate cut
The cost of borrowing has reached its lowest level since early 2023
Financial Times raises "serious questions" over government due diligence in King Gaming case
Video report scrutinises oversight and background checks, suggesting Isle of Man approach worsened fallout
'Running a business in Strand Street is more difficult than ever'
Traders in Douglas say it's becoming an 'uphill struggle' to operate in the city centre
Traders on Michael Street feel 'abandoned' by politicians in tough times
So what needs to happen to regenerate Peel's high street?
