Manx economy braced for uncertain times ahead

2022-08-12T11:54:05+01:005 December 2020|

Treasury minister says much depends on border and vaccine

The treasury minister says the Manx economy faces both internal and external challenges entering the new year.

Alf Cannan points to many factors which will help recovery including safely opening the borders as soon as […]

Manx economy needs TT 2021 to go ahead, says MHK

2022-08-12T11:56:46+01:005 September 2020|

Covid-19 headache for tourism sector to continue

An MHK believes another cancellation of the TT next year would be a big hit to the Manx economy and the event itself.

Onchan MHK Rob Callister has political responsibility for motorsport and admits the Covid-19 pandemic means planning with any degree of certainty is very difficult.

More could be done for businesses on prom says minister

2022-08-12T14:34:58+01:0023 July 2019|

Ray Harmer MHK

Admission in Tynwald following statement on works

The infrastructure minister admits more could be done to help businesses on Douglas promenade, which have been affected by the ongoing refurbishment works there.

Ray Harmer says helping the firms based along the prom will be a cross-governmental […]

Scheme to try to tempt more customers to restaurants

2022-08-12T14:50:55+01:0012 March 2019|

Restaurants and cafes are being invited to take part in a scheme to tempt more customers.

Applications are now open for local eateries to join the Taste Isle of Man Scheme.

It costs £100.

Any type of eatery, including restaurants, cafés, pubs, takeaways and street food vendors, can join the scheme.

All members […]

Isle of Man TT 2018: Event races bring £26.8m to Manx economy

2022-08-12T15:04:26+01:0021 September 2018|

This year’s TT festival benefited the Manx economy to the tune of about £26.8m, a government survey has found.

The Department of Enterprise survey said 44,367 spectators had attended this year’s festival. While this was 1.5% down on 2017, the total amount spent by them increased.

The total expenditure of TT visitors […]

Fewer TT visitors – but they spend more

2022-08-12T15:04:38+01:0021 September 2018|

The TT is worth millions to the Manx economy, the government says.

This week it released statistics from the annual visitor survey.

However, those show that the number of visitors actually FELL in 2018. But the amount of money spent by them ROSE.

The Department for Enterprise also says that the number of […]

Bumper year for cruise visitors

2022-08-12T15:04:49+01:0020 September 2018|

It has been a bumper year for cruise ships visiting in the island.

In 2018, 24 cruise ships carrying 8,391 passengers visited the island, along with 6,026 crew.

In 2017, there were 23 cruise shop visits and 3,745 took advantage of a shore excursion

That means there was a 20% increase from […]

Event will address important issue for businesses

2022-08-12T15:08:14+01:0022 August 2018|

Business people and politicians involved in a discussion on immigration have spoken of how important the issue is.

The Isle of Man Business Network is teaming up with ILS World to host the debate.

The motion being debated will be: ’This house believes that due to the island’s rapidly ageing population […]

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