Business

£5m Injection into Steam Packet

The Gov has made a further equity investment of £5m into the Steam Packet. Treasury Minister Alf Cannan has written to Tynwald Members regarding the one-off payment, which is designed to address the commercial impact of the coronavirus pandemic while the company continued to maintain essential lifeline services. This follows […]

Climbing the Legal Ladder

Corlett Bolton is celebrating the success of another member of its team being called to the Manx bar. Pamela Wells initially joined the practice as office manager in 2016 after a number of years in the island’s insurance, banking, payroll and charity sectors. Since then she has worked in a number […]

Myth Busting: EGaming

EGaming is a relatively new industry, but it’s one that’s taking over the island. It’s big business, with big opportunities- but how much do you really know about the industry? We chatted with our mates over at Amber Gaming to bust some of the myths surrounding one of the quickest growing industries.

Construction Sector Closed

The Council of Ministers has met this morning to review the ongoing response to the COVID-19 outbreak. Following discussions, CoMin has taken the decision that the island’s construction sector must stop work for an initial period of two weeks from the end of the day today (Friday 5 March).  This […]

‘Two Fifths of F*** All’

Business owners have criticised the gov for leaving them facing an impossible choice over the weekend with hospitality businesses being advised, but not ordered to close. Those who chose to close will not receive any extra support, despite being left with little real choice after the government advised residents to […]

Stores Will Not Reopen

Three Douglas stores will not be reopening after their parent companies were bought by online retailer Boohoo. Burton, Dorothy Perkins and Wallis were all part of the failed retail group Arcadia that collapsed into administration last year. It was announced on Monday morning that Boohoo had agreed a £25.2m deal […]

Cannan Responds to Bank Cuts

Treasury Minister Alf Cannan has responded to the mass wave of redundancies announced at Lloyds this morning, which will see up to 25% of their staff on the Isle of Man being made redundant. While these redundancies affect c120 of its c400 employees on the island, Lloyds Bank International says […]

Bank Cuts up to 25% of Staff

Lloyds International is cutting up to 25% of its staff in the Isle of Man. While these redundancies affect c120 of its c400 employees on the island, Lloyds Bank International says it remains fully committed to the island.  A spokesman said: ‘As customers increasingly use the online or mobile channels, […]

Foraging For Answers

The owner of Foraging Vintners has said that the gov’s response to the most recent lockdown was a mixed bag. MaryBeth Coll said that the decision to go into lockdown at the start of January was a positive one that was made quickly, but that we may have got ‘complacent’ […]

Post Office to Stay Open

Isle of Man Post Office  has some good news for its customers in Port St Mary. After reaching agreement with the sub postmaster Jeff Calvert to extend the existing contract for an additional period, all services will be maintained until at least July of this year. The sub postmaster of […]

Manx Engineering’s Global Value

Engineering and manufacturing businesses based in the Isle of Man have continued to prove their significance on a global scale as they have stepped up to support the local and international response to the COVID-19 pandemic. Turning their expertise to designing and producing essential medical equipment to help combat the […]

Covid Support Extended

Covid financial support measures MERA and the Salary Support Scheme have both been extended to assist those who are unable to return immediately to work following the coronavirus circuit breaker lockdown. People who have been able to return to work over the weekend, or who will be returning to work […]