Minister warns inflation could peak at 10 per cent later in 2022
Oil and gas prices are expected to remain 'abnormally high' for at least the rest of 2022.
That's according to Treasury Minister, David Ashford, who's been giving a statement on the Island's financial situation in Tynwald today (26 April).
He also admits that for low-income households, what can be done to deal with rising costs is limited:
Restrictions in place as avian flu detected on Island
Two geese and one chicken died from the H5N1 strain
Former chief minister calls for balanced approach to climate change action
Howard Quayle says achieving net zero must not bankrupt the nation
Play 'just as important' for a child's development as technology
DESC says digital devices are just one part of a much broader learning experience
Manx passport applications moving online
Support will be available while those who can't use online service can still use paper forms