EDF hasn't lived up to expectations

Cha row Tashtey Lhiasaghey Ventyr freggyrtagh da jerkalys

£3m ass tashtey £50m baiht ayns daa vlein

Cha nel yn rate dy argid baiht ass yn Tashtey Lhiasaghey Ventyr er ve freggyrtagh da jerkalys y Reiltys.

Shen myr ta Lhiass Ard Sheckter y Rheynn Ventyr goaill rish.

Ta mysh £3m er ve eeckit er eeasaght rere yn Skeim Lhiasaghey Ventyr ayns yn daa vlein hoshee t'eh er ve ayn, foddey fo ny £10m 'sy vlein v'ad jerkal rish.

Shoh va raaghyn Karl Hawker choud's va fastyr beg jeh Feyshtyn Erbee goll er cummal, reaghit ec Sheshaght Banceyryn Ellan Vannin as Undinys Lunnin y Vanceyrys as Argidys yn chiaghtin shoh chaie. 

Ta Mnr Hawker gra dy vel daa ard doolane fo yn Tashtey Lhiasaghey Ventyr.

AS MNR HAWKER: Ta fer jeu dy vel y chymmyltaght cohirreydagh son argidys y vun-argid ventyr 'sy Reeriaght Unnaneysit er chaghlaa dy mooar 'sy traa shen, myr shoh ta tashtey y wyllin pooar ayns Sostyn Hwoaie as ta tashtaghyn elley er ve crooit, as ta shin strepey roosyn. Myr shen, ren shen smoo doillee eh dy chleayney thieyn dellal. Yn red elley, shen dy vel lheid y ghennid dy leih dy lhieeney ny ynnydyn follym t'ain dy vel eh dy feer smoo doillee dy insh da thieyn dellal, 'Scugh-jee nyn dhieyn dellal gys Ellan Vannin', er-yn-oyr dy vel ad gra, 'Dy jinnin shen, as dy row mee cur lhiam my wirran noal ayns shoh, veagh y fwirran shen goll er geid,' mannagh vel raa share ayn.


EDF hasn't lived up to expectations

£3m of £50m fund invested in two years

The rate of investment from the Enterprise Development Fund hasn't lived up to Government expectations.

That's the admission of the Deputy Chief Executive of the Department for Enterprise.Around £3m pounds in loans has been paid out under the Enterprise Development Scheme during its first two years in existence, well below the anticipated £10m a year.

Karl Hawker made the comments during an evening of Any Questions organised by the Isle of Man Bankers Association and the London Institute of Banking and Finance last week.Mr Hawker says there are two keys challenges facing the EDS: