On Air Now Charlie Smith 10:00pm - 1:00am Email
Now Playing First Time Robin Beck Download

UK Budget could force Island to raise its game

UK Budget announcements make for uncomfortable reading for the Treasury Minister: 

 
Yesterday Chancellor George Osborne announced plans to cut Corporation Tax there to 17 per cent from 28 per cent by 2020.
 
It means inward investment here will become a harder task as businesses won't look as favourably on offshore jurisdictions as they have in the past. 
 
Minister Eddie Teare say it's time for the Isle of Man to raise its game:
 

More from Isle of Man News


Listen Live Listen