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)
Weather postpones council's Easter fun day
Seven ferry crossings hit by water levels and dredging issues in Douglas
Sam Barks returns to Les Mis in transatlatic tour
DHSC commissioning rapid review of Noble's bed capacity
Progress being made on landmark's new building
Temporary traffic lights on TT course section
All government departments but one within budget
Unclaimed Manx lottery ticket worth £125,000 - is it you?!