Treasury chief puts pen to paper to seal multi-million pound takeover
Government has completed a deal to purchase the Steam Packet Company.
Tynwald members overwhelmingly supported the £124m of what Chief Minister Howard Quayle described as a 'once-in-a-lifetime opportunity'.
Treasury Minister Alfred Cannan has now signed the formal agreement which will see control of the Island's sea services shifted to Government.
Mr Cannan says the move is aimed at providing long-term stability to the ownership of the Island's lifeline ferry operations.
Planning application for onshore wind farm still being developed
Motorcyclist suffered fatal chest injuries in crash
Trial for trio accused of producing Class A drugs to Island
Too early for 'direct action' over cost-of-living concerns says chief minister
Government gives assurance as inflation soars