The Chief Minister says the Sefton Group bailout is one aspect of a much larger picture.
Alan Bell says the G8 is meeting in June and the top issue they're dealing with is tax evasion.
From the summit, he expects there to be greater pressure on the Isle of Man.
With that economic backdrop, he says it would be extremely damaging if the Sefton Group collapsed:
Overhead MER cables brought down in Laxey
IoM Railways says services on Snaefell Mountain Railway and part of MER are suspended
Health minister: 'Manx Care 2.0 is right around the corner'
Claire Christian says there are areas that can be improved in the health service
BMA ballot for industrial action delayed 'as long as possible'
'Undervalued doctors' say they have no choice amid ongoing issues at Noble's Hospital
First candidate declares for Glenfaba and Peel
James Hampton standing as an independent candidate