People in the Isle of Man are being warned the credit crunch will affect them.
There is unease in the housing market in the United Kingdom and worldwide financial gloom, and homeowners in the Island are being told they are not immune.
The comments are from Director of Information for the Celtic League Bernard Moffatt (pictured), who was a guest on Talking Heads today:
Treasury minister 'hopes' businesses will pass on VAT reductions to customers
Falling from 20% to 5% for certain activities over summer
TT 'massive' for hospitality industry
Local businesses prepare for race week
Hopes summer VAT cuts will ease cost of living pressures for families and businesses
IoM Government mirrors UK action
'The TT is our crown jewel' says caterer
Hospitality vendors praise look and atmosphere of The Grandstand
