MLC says Island's financial position 'isn't all doom and gloom'
An MLC says the Isle of Man's economy is showing 'extraordinary resilience' in response to the cost of living crisis.
Bill Henderson, who's a political member for Treasury, insists the Island is in a strong position, despite the impact of rising prices and inflationary pressure.
At the end of March, the Island's inflation rate stood at 9.1%.
Mr Henderson says it's not all bad news for the Island:
Remainder of TT 2026 cancelled
Race organisers confirm no more racing at this year's event
Work to prepare TT course road surface cost almost £600,000
DoI reveals figure in response to Freedom of Information request
TT 2026: Further two-hour delay confirmed
Conditions around the course 'need to improve sufficiently'
Mountain Road closed 'with immediate effect'
'Due to current significant pressures on emergency services'