Treasury minister says 2021 having 'compound effect'
More money’s being made available through Treasury's financial support schemes.
It comes as a number of businesses are suffering ‘significant cashflow shortages', while unemployment levels on the Island have started to rise.
Minister Alf Cannan says this year's lockdowns and February's poor weather have had a compound effect.
He announced an additional support grant for certain businesses, based on annual rates bills:
Top 20 Manx Care earners have combined salary of £7.1m
Figures published by healthcare provider
Isle of Man 'a success story' compared to 1980s
Historian reflects on growth of Island's finance sector
Application for fibre poles in Ramsey estate refused
Planning permissions turned down following concerns over impact of poles
Government publishes updated insurance sector money laundering risk assessment
Insurance industry is the largest financial services sector in the Isle of Man
