CEO of Manx Gas' parent company says it's simply down to supply and demand
Jo Cox, the CEO of Manx Gas’ parent company, says the 58 per cent hike in gas prices won’t be felt as significantly by most due to warmer weather.
Speaking on the breakfast show with Ben and Sian, she blamed the war in Ukraine for the rises.
She says whilst the Isle of Man's supply doesn't come from Russia, demand for gas has increased as many countries attempt to reduce their reliance on Russian gas:
Top 20 Manx Care earners have combined salary of £7.1m
Figures published by healthcare provider
Isle of Man 'a success story' compared to 1980s
Historian reflects on growth of Island's finance sector
Application for fibre poles in Ramsey estate refused
Planning permissions turned down following concerns over impact of poles
Government publishes updated insurance sector money laundering risk assessment
Insurance industry is the largest financial services sector in the Isle of Man
