Minister who led deal admits surprise at profit level
A good commercial decision.
That is how the Island’s former Treasury Minister has described the Manx government's investment in Pinewood.
It paid almost £12.3 million for a 9.9 per cent stake in the Pinewood Group in 2012, selling almost half of the shares last year and the remaining stake earlier this month for a combined total of £22.4 million.
Eddie Teare admits, however, he didn’t expect the government would make a £10.1 million profit.
Salt manufacturer eyes restaurant move
The Isle of Man Salt Company submitted plans for The Boathouse in Port St Mary
Memorial services to mark 53rd anniversary of Summerland Disaster
Fifty people died in leisure complex fire in 1973
Internet provider to increase prices next month
Manx Telecom says it's in line with annual three percent lift
People with 'lived experience' of autism urged to help shape services
Lay members wanted for steering group