Treasury Minister promises package of financial measures soon
Fri, 20 Mar 2020
By Ewan Gawne - Local Democracy Reporter
The treasury minister says ‘a huge amount of work’ is going into a package of measures aimed at supporting Manx businesses through the coronavirus pandemic.
Forty-million pounds is being made available to the government contingency fund, but Alfred Cannan admits it may not be enough.
Grants and a national insurance holiday for businesses and employers in certain sectors have already been announced, along with sick pay compensation payments.
Mr Cannan says the treasury recognises the situation is ‘beyond urgent’, but says the package of measures will be finalised soon.
He’s promised to go back to Tynwald for approval if further measures are required.
Subscribe to get Energy FM News direct to your mobile device
You can get Energy FM News delivered direct to your mobile device using one of the following methods.
- In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
- In the Google News & Weather App just search for Energy FM and then add us as a customised section
- If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed
Fri, 29 Dec 2023
Fri, 29 Dec 2023
Fri, 29 Dec 2023
Fri, 29 Dec 2023
Fri, 29 Dec 2023
Thu, 28 Dec 2023
Thu, 28 Dec 2023
Thu, 28 Dec 2023
Wed, 27 Dec 2023
