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The treasury minister's claim government's bailout of the Sefton Group will create confidence has been disputed by a vocal critic of the deal.
Last month it was revealed £4.5 million of taxpayers' money was to be used to prop up the ailing firm, via a loan, and purchase of a prime development site in Douglas.
Speaking live on Mandate on Manx Radio this morning Michael MHK Alf Cannan said he remained unconvinced it was the right thing to do:
Douglas Tesco store evacuated due to 'maintenance issue'
Emergency services confirm they are not responding to an incident
Douglas Council to hold a Victory over Japan memorial service
It will honour the 'immense bravery' of the people who served in the conflict
Work to drain Clypse Reservoir well underway
Underwater valve found to be defective during recent routine inspection
Laxey Flour could be removed from Tesco shelves
It's thought to be due to low sales