The Isle of Man’s bond rating has been downgraded.
Moody’s Investors Services dropped it from AAA (TRIPLE A) to AA1 (DOUBLE A PLUS) on Friday.
Treasury Minister Eddie Teare says it’s not unexpected and comes as no surprise given the changing global economic environment.
He says - in effect - the new rating is the highest available to small jurisdictions such as the Island and the outlook for the new rating is stable.
Should dangerous drivers who kill face life in jail?
Should causing death by dangerous driving, whether under the influence or not, carry a potential life sentence?
Police dealing with crash in Colby
Police say they're currently dealing with a crash in Colby.
Stop falsely accusing youngsters of vandalising skate park!
Castletown commissioners say there's no vandalism in a skate park in the town - and are asking people to stop wrongly accusing children.
Plans to make northern school more accessible
The Department of Education says it wants to make a school in the north of the Island more accessible.
Government fully committed to min wage rise
Chief Minister Alf Cannan says the government is fully committed to a 9.9 per cent rise in the Island's minimum wage.
Airport director apologises for 'unusual circumstances' which returned flight
The airport director's apologised for the 'unusual circumstances' which meant an easyJet flight had to return to Liverpool over the weekend, despite landing at Ronaldsway.
Garage staff get body cams to tackle abuse and theft
An Island filling station company says it'll try out bodyworn cameras to help deter shoplifting and verbal abuse against its staff.
Manxman expected in Heysham around midday, says Steam Packet
The Steam Packet Company says the Manxman should arrive in Heysham shortly after midday following an incident earlier.
