Multinationals partly responsible?
The Managing Director of Jack Frost, which has now closed its doors permanently after being rescued financially just two months ago, says planning decisions and the arrival of multinationals on the island is making life impossible.
Mike Priest says the business will sell off its stock over the next fortnight, before putting their Spring Valley premises on the market.
He says competition from off island has been partly responsible for their demise:
Government plans to withdraw interest from reserve fund no longer required
Higher than expected income tax receipts mean it's not necessary
Medical cannabis should be 'holistic', says pharmacistÂ
Drug has 'useful benefits' but isn't 'the be-all and end-all'
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