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Amount of money deposited in Isle of Man has dropped

The Island's banking regulator says the total amount of money deposited in the Isle of Man dropped over the last financial quarter.

However, figures show there's still more money held here than last year.

The Financial Services Authority says deposits fell by £0.76 billion between June and September - standing at £42.63 billion.

But the FSA says that figure represents an increase of just over one per cent on last year's total.

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