Island being recognised by UK Government

Friday, 22 March 2013 00:00

The Treasury Minister says he was heartened by George Osborne’s comments during his Budget presentation in Westminster this week.

A penny off the price of beer and the scrapping of a planned hike in fuel will cost the Manx economy just shy of one million pounds.

However, Eddie Teare says it’s not all bad news after the UK Chancellor sang the praises of the crown dependencies.

Minister Teare says the Isle of Man has steered away from its murky financial past and is finally being recognised by the British government:

(PLAY AUDIO ABOVE)

More from Isle of Man News

First day of racing called off

TT organisers have announced the first day of racing has been called off.
Further delay to first day of racing

The clerk of the TT course has announced another one hour delay to today’s Superstock race.
Company behind major redevelopment plans applies to dissolve

The company which first mooted plans for a huge city centre redevelopment in Douglas has applied for dissolution.
Roads starting to close as clouds delay racing

TT organisers say today's superstock race has been pushed back by an hour to 12pm, because of low cloud.
Local authority to investigate asbestos claims

Commissioners in Garff have asked the clerk to look into allegation asbestos is leaking into waterways in Laxey.
Aussie who rode over 28k miles is organising TT meetups

Fancy attending an Aussie TT meetup?
Grandstand to close for major event this weekend

The Department of Infrastructure says one of the biggest public events of the TT festival will see part of the main road past the grandstand closed for two hours.
First day of racing begins

Today marks the first day of racing at the TT.