A company linked to Island residents Doug Barrowman and Michelle Mone has missed a deadline to repay £122 million to the UK government.
PPE Medpro was ordered to pay back the cash - plus £23.6 million interest - by 4pm yesterday following a case in London's High Court over medical gowns it supplied during the pandemic.
The company went into administration on Tuesday, September 30, the day before the judgement.
After the deadline passed, the UK's Health and Social Care Secretary Wes Streeting said the government would pursue the firm for the money.
Illegal immigrant turned back at Manx border can't stay in UK
Bank scammers warning as calls target Island residents
Island to extend UK VAT cut on power, says Treasury Minister
Woman thanks mystery van driver after daring sea rescue
Stay off damaged slipway in Laxey, says local authority
MHK sues attorney general and returning officer over election votes
Islanders reminded to keep challenging domestic abuse beyond October
