Chief Minister to explain Budget effects

Fri, 25 Jun 2010

The Chief Minister is to be asked about the impact of the UK's budget on the Isle of Man in the House of Keys next week.

Michael MHK David Cannan will ask what effect the Budget will have on Manx residents and the Island's economy.

The Treasury has already revealed that the increased rate in VAT will bring an extra £25million to the Island each year.

The House of Keys sits on Tuesday next week.