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.
Fundraiser for TT rider Maria Costello surpasses £220k
Motorsport legend is currently paralysed after breaking her back
Warmer than average May for Island
239 hours of sunshine recorded in the month
Manx BirdLife awarded funding for new warden
Over £28,000 provided by Dormant Asset Fund
Increased DfE support 'to tackle rising costs and global pressures'
Expanded eligibility and increased funding for support schemes
