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:
Manx Care issue addiction advice following heroin overdoses
Manx Care has issued a statement following two near fatal heroin overdoses last night.
One side of PSM prom to close for a year from Friday
One side of the Promenade in Port St Mary will be closed to pedestrians for a year.
Man denies domestic abuse against ex-partner
A man has denied domestic abuse against a former partner.
Motiv8 holding Naloxone nasal spray drop-in session this Thursday
A free drop-in session is taking place this week for those who want to collect lifesaving treatment for those suffering from opioid addiction.
Don't fall for fair fraud, says school
An Island school says it's being targeted by scammers.
Suspended sentence for man who drunkenly assaulted woman
A man who assaulted a woman in a drunken rage has narrowly escaped being sent to prison.
Waste on the agenda for Bride Commissioners tonight
Bride commissioners meet tonight, for the first time since pulling out of the north's civic amenity site.
Castletown piano plea strikes a chord
Could the outdoor piano return to Castletown Square after more than seven months?
