The timing was a surprise but the move itself certainly wasn't.
That's the Treasury Minister's view of news the UK government is to review its VAT sharing agreement with the Isle of Man, which currently accounts for over half of our government's income.
Mr Bell says given how the global economy has struggled over the last year or so, it was inevitable the UK would start to look at every possible way of saving money.
CoMin making 'significant and determined efforts' to implement recommendations from Ranson review
Update on Richard Wright report to be debated at January's Tynwald sitting
Rain events 'difficult to forecast' on the Isle of Man
Senior meteorologist discusses wetter than average November and December
Planning permission granted for 26 industrial units
Units to be built in two separate blocks in the south of the Island
Port St Mary Commissioners urging residents not to 'struggle in silence'
Chair Jean Teare says important for housing tenants to reach out if they're getting behind
