Business confidence despite global risks

There is confidence in the business environment on the Island despite the presence of global economic risks.

That's according to the latest Business Confidence Survey from the Cabinet Office which gets the views of local employers to find out business activity on the Isle of Man.

Among the results, officials noted improvements in the construction trade over the winter period, but retail and wholesale has been impacted by the uncertainty surrounding Brexit.

Better results have also been seen for satisfaction in the Islands work permit system and for government support for innovation and technology following increasing activity in that sector.