Tynwald due to consider Steam Packet finances in July

Proposals will go before Manx parliament ahead of summer recess

The future finances of the Steam Packet Company are expected to be considered by Tynwald ahead of the summer recess.

Treasury Minister Alfred Cannan confirmed at this week's sitting of the House of Keys that the structure of the sea services operator's finances is currently undergoing a review.

Following a question from Ramsey MHK Lawrie Hooper, Mr Cannan revealed the proposals should be on the July order paper once the review has been completed.

Government purchased the company last year and recently approved the Heads of Terms on a new sea services agreement.