Issue highlighted recently by IoM CoC
UK Government figures show the number of businesses going bust in England and Wales exceeds the aftermath of the 2009 financial crisis.
The construction, retail and hospitality sectors are among the hardest hit.
Company insolvencies were up 10 percent, in July and September, compared to the same period last year.
Whilst the figures don't include the Isle of Man the pressures facing local businesses were highlighted recently by the Chamber of Commerce's Chief Executive Rebecca George:
Revised plans for Lord Street bus station development
Consultation for new National Infrastructure Safety Bill
Steam Packet cancels Friday evening sailings
"Ramsey and District Cottage Hospital is not at risk of closure"