Island 'has right ingredients to support business'

The Island has 'all the right ingredients' to support businesses as they adapt for the future.

That's according to Head of Commercial Banking in the Isle of Man, Jaime Amoedo following the results of a survey carried out by HSBC.

According to statistics in the survey, 34 per cent of decision-makers believe their technological focuses will change drastically over the next two years and over half plan to invest more in research and development.

Mr Amoedo added the Island is 'well-placed' to help organisations adapt and says it's made strong commitments to creating and supporting technological innovation and digital skills development.