Inflation Hits Record Levels

TT and air fares are being blamed for inflation soaring to a record 9%. The latest figures show that inflation, as measured by the Consumer Prices Index, rose by 2.3% between March and April 2022.

The gov’s report says: ‘This increase is in large party a result of high air fares coinciding with the first TT to be held since 2019. Excluding these from analysis yields a rate of 7.8%.’

Transport remains the largest contributor to inflation, providing a 3.9% increase year on year, while housing, water, electricity, has and other fuels provide a 2.3% increase.

Committee Hearing

The Social Affairs Policy Review Committee will be taking oral evidence on Monday May 23 at 10.30am in the LegCo Chamber. This annual oral evidence session is for the Department of Education, Sport and Culture where a range of topics will be discussed with Minister Julie Edge and Chief Executive Officer, Graham Kinrade.

The Members of the Social Affairs Policy Review Committee appointed by Tynwald are Ann Corlett (Chair), Daphne Caine and Tim Glover.

Liverpool Ferry Terminal

The gov has shared new pictures of our new £70M ferry terminal in Liverpool. The pics show shows the steelwork being erected for the security and check-in buildings.

Pictures taken a little earlier show glazing being installed to the external façade of the main terminal building, where the floor slabs are in the process of being poured. The design of the building revolves around a circular flow of passengers. Those wishing to board the ferry by foot will enter the terminal through the entrance/exit at the east of the building, go up to first floor by escalator or lift and then proceed along the first floor to the boarding walkway at the southern end.

The £70m project is due to be finished by June 2023.