The Office of Fair Trading says recent hikes in gas prices do meet terms of a regulatory agreement.
In May, Manx Gas announced prices would rise by 3.5 per cent from the start of this month.
In the House of Keys yesterday, Chairman of the Office of Fair Trading Martyn Perkins claimed the agreement between the company and the government to cap profits is the best way of managing the supply.
He says the agreement fixes prices at a level he feels is fair:
£7.7m cost by Manx Care staff sickness
Manx Care says staff sickness cost it £7.7 million last year.
30.5% hike to rates in Andreas
Andreas Commissioners say rates in their area will rise by more than 30 per cent this year.
Only some war pensions discounted from care charges
Health Minister Claire Christian says only some people on war pensions get them part-excluded when it comes to paying for their care.
Single car crash at Ballacraine
Police say they're dealing with a crash north of Ballacraine at Ballaspur, outside St John's.
Minister releases number of non-toilet trained school starters
Education Minister Daphne Caine says just 22 children who started mainstream education last year weren't toilet trained.
Yellow weather warning for hill snow
Ronaldsway Met Office has issued a yellow warning for hill snow later.
Reconsider cancer sufferer's tree felling application, says commissioner
The Tynwald Commissioner for Administration says the Department of Environment, Food and Agriculture should reconsider refusing to allow a cancer sufferer to fell a tree on their property.
Government asks what you think of drugs
Public Health Isle of Man has launched a survey about people's attitudes towards drugs on the Island.
