BUDGET: Treasury minister begins Budget speech

Ashford takes financial plan to Tynwald

Treasury Minister David Ashford has begun laying out the Budget for the next financial year.

He's delivering his first Budget speech to Tynwald – the first of the new administration and his first as minister in charge of the Island's finances.

Describing it as the 'first step' of a new medium term plan he said the Island must have 'clear sight' in how spending is structured.

Citing the pandemic as 'unprecedented' in terms of its cost to the Island – in both social and economic terms - Mr Ashford told the court the Island does have a 'firm financial footing'.

You can follow the Tynwald coverage of the Budget via AM1368, via Manx Radio's digital platforms and follow the live blog HERE.