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The treasury minister's claim government's bailout of the Sefton Group will create confidence has been disputed by a vocal critic of the deal.
Last month it was revealed £4.5 million of taxpayers' money was to be used to prop up the ailing firm, via a loan, and purchase of a prime development site in Douglas.
Speaking live on Mandate on Manx Radio this morning Michael MHK Alf Cannan said he remained unconvinced it was the right thing to do:
Man treated for non-life threatening injuries following Ramsey incident
Two arrests made following reports of man being assaulted near Tesco
Two suspects in custody following Ramsey incident
Police say Tesco and car park will remain closed while investigation continues
Consultation open on plans to formally recognise the heritage of Douglas Head
Move would 'formally recognise the area’s unique heritage, architectural character and natural environment'
Police dealing with 'serious incident' in Ramsey
Bowring Road Tesco store closed following incident in the car park
Drop-in session to support Isle of Man charities
Meeting to provide information on planned updates to Island’s Countering the Financing of Terrorism framework
