Treasury minister says 2021 having 'compound effect'
More money’s being made available through Treasury's financial support schemes.
It comes as a number of businesses are suffering ‘significant cashflow shortages', while unemployment levels on the Island have started to rise.
Minister Alf Cannan says this year's lockdowns and February's poor weather have had a compound effect.
He announced an additional support grant for certain businesses, based on annual rates bills:
TT 2026: Further two-hour delay confirmed
Conditions around the course 'need to improve sufficiently'
Mountain Road closed 'with immediate effect'
'Due to current significant pressures on emergency services'
TT 2026: Organisers provide updates on rider conditions
Three riders 'conscious and stable' following Friday incidents
Drivers left confused as Telecabs seemingly ceases trading overnight
"This announcement has come out of the blue"