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:
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Payroll firm reprimanded after thousands of personal records discovered in abandoned shredding bins
Information Commissioner finds payroll documents spanning nearly two decades left unsecured after company’s local closure
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Duo from the Isle of Man have been fundraising for Crossroads
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Schedule feeling the 'knock-on effect', says ferry operator
