Most invoices now being paid on time
Manx Utilities says it wants to have a ‘better working relationship’ with Isle of Man Energy.
The finance director has described it as ‘less than ideal’ after the MU refused to forward buy gas for the company formally known as Manx Gas.
Simon Clague gave evidence to a Tynwald Economic Review Committee yesterday (28 November) where he was asked why the hedging request was turned down.
Citing overdue invoices, and a lack of financial information, he said since then payments have been timelier:
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Two Manx high schools told to stop operating CCTV 'inside' toilets
King Gaming's license suspended amidst criminal investigation
Hopes new unit will reduce amount of time patients spend in hospital
Boxing: Burden hungry for glory on pro debut
Housing, VAT, climate and tourism among concerns raised by the East in government roadshow
