Minister warns inflation could peak at 10 per cent later in 2022
Oil and gas prices are expected to remain 'abnormally high' for at least the rest of 2022.
That's according to Treasury Minister, David Ashford, who's been giving a statement on the Island's financial situation in Tynwald today (26 April).
He also admits that for low-income households, what can be done to deal with rising costs is limited:
Steam Packet praises passengers and crew following 'significantly rougher' than normal crossing
Sea conditions encountered were significantly rougher' than those forecasted
Bus Vannin invests in six new double-deckers
£1.4million spent as older vehicles retired
MiCard alternatives 'must be better than what we already have'
MHK says those without bank accounts mustn't be discriminated against
Last chance for central residents to respond to 20mph consultation
Those in the south will be able to submit views from next week
