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Treasury Minister confident local economy will 'bounce back'

The Island's Treasury Minister is confident the local economy will 'bounce back' after the second Coronavirus lockdown.

Alf Cannan MHK has praised businesses and residents for their actions during the circuit-breaker which government hopes to lift fully from next Monday (February 1).

Mr Cannan says the total cost of financial support measures for this lockdown is expected to be between £14m-£16m after the MERA and Salary Support Scheme were extended on Monday.

Speaking to 3FM, the minister says he's 'delighted' at how responsible businesses and residents have been:

 

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