Falk says Island could be bankrupt in four years
We need to be realistic about what lies ahead.
That is the clarion call from a candidate in next month’s General Election.
Advertising copywriter and author Richard Falk will contest the newly created Douglas Central constituency.
He says the Island can’t afford to make the wrong decisions over the next few years and has described the total liability for the public sector pension scheme as ‘horrifying’.
Government plans to withdraw interest from reserve fund no longer required
Higher than expected income tax receipts mean it's not necessary
Peel Commissioners not adding 'discretionary' one percent increase to social housing rents
It reviewed rent arrear levels and 'escalating' food costs when making the decision
New organ donation laws set to come into force in coming weeks
It follows Tynwald approval of new measures earlier this year
CoMin 'recognises and is mindful' of minimum wage concerns
Chief minister discusses businesses' reaction to upcoming rise