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.
Skills Strategy hopes to tackle 'significant' skills shortage
Part of Island Plan to create and fill 5,000 new jobs by 2032
Loganair to remove Saturday service to Birmingham
Temporary changes take effect in May
Trial for Douglas man who denies keying car
62-year-old been bailed
Southern Pool board welcomes assurances over site's future
Follows 'positive' meeting with government
Looneys of Ramsey to close
Number of factors behind the decision
Future of Belfast flights 'precarious' due to low passenger numbers
Chief Minister says work is ongoing to make the route commercially viable
