Michael MHK Alf Cannan says he doesn’t feel satisfied that the Treasury Minister fully answered his questions in the House of Keys yesterday.
They relate to the Pinewood Studios deal, which is set to be officially recognised on the UK Stock Market from tomorrow.
Minister Eddie Teare dismissed Mr Cannan’s opinion that Pinewood was the only one who would benefit from the deal as ‘poppycock’.
Government has a stake of just under 10 per cent in the film studio giants, while in return Pinewood will handle the Island’s £25 million media development fund.
Mr Cannan told us he feels the Island’s film industry is simply not sustainable:
(PLAY AUDIO ABOVE)
Cider microbrewery planned for Ballasalla
Covid wrongful arrest and torture claims thrown out by court
Tree fellers to close part of TT course on Thursday
Manx Utilities wants contractors for HQ refurb
Business needed for Peel coffee shop's 'new chapter'
Regulator freezes gas prices
Billionaire says Island's his favourite place on earth
Planners aren't influenced by advertising, says Cannan