Scotland could become Island's biggest competitor

Thu, 07 Aug 2014

Alex Salmond

The Chief Minister says the Isle of Man could soon have a major rival on its doorstep.

If the independence 'yes' vote doesn't achieve a full majority, Scotland may become the Island's biggest competitor.

It's been revealed that it would be able to set its own tax rates if voters reject independence in next month's referendum.

This week the Tories, Lib Dems and Labour have jointly made a promise to increase Scotland's powers.

Allan Bell says First Minister Alex Salmond isn't the only one looking to improve its chances for business in Britain: