The government says employers are taking advantage of the Island's 'Cycle to work' tax exemption.
The measure, aiming to keep staff healthy was introduced by the Treasury in April 2017 by Minister Alf Cannan.
It was designed to improve general fitness of Island residents and enable businesses to buy a bike on behalf on an individual.
More than 400 transactions have taken place so far, with all sales having to be completed through local bike shops as part of the measure.
Pick it up plea from Castletown commissioners
Castletown commissioners have issued a plea to the ancient capital's dog owners.
New online Isle of Man guide for refugees and asylum seekers
An organisation which supports the rights of refugees has updated its website with a guide to legal assistance on the Isle of Man.
Lifeboat called to yacht's rescue
Ramsey lifeboat was called out to help a yacht off the Scottish coast last night.
Government reveals TT viewing figures
Just one in five people who sign up for the Department for Enterprise's TT streaming service pay for the live coverage.
Final wind farm hearings set for July
The final meetings and hearings for the proposed Mooir Vannin Offshore Wind Farm have been announced.
Cocaine dealer to appeal 14-year jail term
A Douglas man serving 14 years in jail for his part in a cocaine-smuggling operation is to appeal against his sentence.
Infrastructure Minister defends road checks for cat’s eyes work
Roads are always inspected by the Department of Infrastructure before workers install cats eyes.
Beauty brand Charlotte Tilbury launches at Boots this weekend
The wait is finally over - Charlotte Tilbury is launching at Boots this Friday.
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