The Island’s Treasury Minister says a new Conservative government could mean stiffer competition for Manx business in future.
the House of Keys this morning, he faced questions about regulation in the finance sector from Onchan MHK Peter Karran.
Mr Karran asked whether the Treasury anticipated any extra pressure on our finance sector with David Cameron’s government likely to cut taxes.
In response, Mr Teare said the government was keeping a close eye on developments in the UK:
26-year-old dies following Ballamodha collision
Police confirm death of rider, Callum Moore
Man jailed for sports centre hot tub attack
A man who punched another man in the face several times while he was in a hot tub has been jailed for one year and eight months
New chair of Ramsey Commissioners hopes to see more development
Rob Cowell has taken over the role from Alby Oldham
Changes to Steam Packet schedules next week
It's due to berth depth issues in Douglas as a result of low tides
Minister acknowledges need to act quickly to mitigate concerns of hospitality sector
The LVA chairman has pledged to work with the Department to find options for support
Neil Taverner wins Cleveland Medal
Breesha Kelsey took the win for the Sheffield Plate
