.jpg)
European proposals for a tax levied on financial transactions will be more of a problem for the City of London than the Isle of Man
That reassurance has come from Treasury Minister Eddie Teare.
In the wake of the Euro zone bailout of Greece, the European Commission is pressing ahead with the idea of a transactions tax.
A Commission statement suggests that it would be 'an appropriate way to ensure the financial sector makes a fair contribution to the cost of the financial crisis'.
It believes the sector is currently 'under taxed', but Mr Teare says in this case the United Kingdom will be in the firing line:
Carers: 'They are often the quiet heroes of our Island'
Hooper: 'Time to bite the bullet and build new hospital'
'No final decisions' made yet about relocating dementia patients says Manx Care
'We want to provide a facility for almost anybody'