Issue highlighted recently by IoM CoC
UK Government figures show the number of businesses going bust in England and Wales exceeds the aftermath of the 2009 financial crisis.
The construction, retail and hospitality sectors are among the hardest hit.
Company insolvencies were up 10 percent, in July and September, compared to the same period last year.
Whilst the figures don't include the Isle of Man the pressures facing local businesses were highlighted recently by the Chamber of Commerce's Chief Executive Rebecca George:
New vaping laws come into force
Isle of Man TT 2024 gets underway today
Steam Packet passenger numbers up for TT
TT visitors advised 'know your limits'
Fines for Douglas duo who acted like 'children in a playground'
Unmarked patrols catch a dozen motorists speeding in one day
