The Chief Minister says the news of Britannia International leaving the Island was ‘inevitable’.
The Co-operative Bank has confirmed it will be winding down its operations here over the course of the year.
31 jobs will be lost as a result of the decision.
In the House of Keys today North Douglas MHK Bill Henderson will ask what steps are being taken to mitigate the negative outcomes of this announcement.
Allan Bell says the decision was expected:
Forecast high winds cancel three ferries
New Iranian ruler tied to Manx-registered company
Temporary speed limits around TT course from this week
Government considers laws for BYOB events
Police warn about bad behaviour in school - by parents
New fashion outlet for Peel this weekend
Weather warning for gale force winds
Politician raises questions about student loan changes