The treasury minister denies an international ratings agency is being dropped by the Manx government because it recently downgraded the Isle of Man.
An article in the Daily Telegraph this weekend has suggested the decision to ask Standard and Poor's to stop its ratings has come about because of it downgrading the Island from AA+ to AA.
Speaking live on Manx Radio's Sunday Opinion programme, Treasury Minister Eddie Teare said getting rid of S&P was not motivated by the agency's move:
Clip 1
500% increase in immigration arrests on the Isle of Man
Due to targeted activity rather than increased criminality
More taxpayers' cash could be spent on 'cleaner heating'
DEFA seeking Tynwald approval for new scheme
RAF veteran says assisting blind climber will be 'massive honour'
Gary helping guide 87-year-old up Ben Nevis
Financial leaders from small countries visiting Island
Delegates from 25 small nations attending seven-day event