The acquisition of the Strand Centre is a 'vote of confidence' according to Douglas Borough Council.
The council claims this shows the potential for the town centre's future economic growth and continued regeneration.
Minister says 10 year plan being drawn up for hospitality and retail
Enterprise Minister Tim Johnston says his department is working on a 10-year strategy to help the struggling retail and hospitality industries.
Sponsors needed for StemFest
The Department of Enterprise is looking for sponsors for its annual StemFest event.
New Sanctions Act now in force
Today is the first day a new Sanctions Act comes into force on the Island.
Bushy's TT village sponsor announced
Bushy's TT Village will be sponsored by sustainable energy company Ørsted.
Sure IOM launches new Home Visit service
An Island telecoms company is launching a Home Visit service to help customers with any broadband/Wi-Fi issues.
Business marks Island security first
A local business has become the first on the Island to be given a membership by a police security initiative.
Industrial estate plans for former mine
A St Marks company says it's hoping to build 20 industrial units on a former mine in Foxdale.
Island slips down finance centre rankings
The Isle of Man has dropped nine places in an index of the world's best financial centres.
