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.
Joanna Simpson killer not eligible for early release from prison
UK Prime Minister confirms unlawful killing won't be included in attempts to ease overcrowding
More bus services 'at risk' of cancellation
Second day in a row of possible disruption
Investigations into lower roe content in Queenies landed
Experts say a rise in sea temperature could be playing a part
Charity warns of damage to Island's international reputation
The Small Countries Financial Management Centre receives £300,000 a year from taxpayers
