Investec and Capital succesful in applications
Two new banking licences have been granted in the last 18 months.
Responding to questions in the House of Keys today the Enterprise Minister confirmed Investec and Capital were both successful in recent applications.
Laurence Skelly was asked if his department has told prospective banking operators of the 'pool' of 120 staff recently made redundant by Lloyds Bank.
It hadn't but he had this advice for those who've lost their jobs:
Ramsey MIU to close temporarily ahead of relocation of services
Number of services to be relocated to Noble's - albeit temporarily - to allow for pest control works
Storm Bram: Trees down amid widespread disruption
Footage shows large waves crashing onto coastal roads
Treasury presents 2025-26 Department Plan to Tynwald
Department says it will continue to push for tighter financial controls across government
Further adjournment for attempted murder accused
19-year-old is also charged with several other offences