The treasury minister denies an international ratings agency is being dropped by the Manx government because it recently downgraded the Isle of Man.
An article in the Daily Telegraph this weekend has suggested the decision to ask Standard and Poor's to stop its ratings has come about because of it downgrading the Island from AA+ to AA.
Speaking live on Manx Radio's Sunday Opinion programme, Treasury Minister Eddie Teare said getting rid of S&P was not motivated by the agency's move:
Clip 1
Bird flu confirmed after wild buzzard found dead near Bride
Warning issued by DEFA but no restrictions imposed
Call for renewed focus on equality and accessibility in government
MLC says existing schemes ‘not fit for purpose’ as debate over representation continues
Isle of Man Freemasons to lay wreath ahead of Remembrance Day
Over 250 bikers carry wreaths to Staffordshire
MHK won't pursue removal of Bishop vote further if bill is rejected
Lawrie Hooper believes matter has been 'fully explored' through recent report
