This year's Santa Dash has been deferred to 2021.
Isle of Man Bank confirmed the 'difficult decision' earlier this week.
Stuart Chivers, Head of Local Banking, Isle of Man Bank said 'Due to a number of factors out of our control we feel this year’s event wouldn’t be the celebration the 20th anniversary warrants.'
Instead, IOM Bank will donate this year’s prize monies to 5 local charities chosen by colleagues.
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