Event was due to take place on 1 August
This year's Castletown Festival and Confetti Carnival, due to take place on August 1, has been cancelled.
Organisers say they made the decision due to the current coronavirus pandemic.
Festival Committee Chairman Rachael Keyes said "I know it will be a disappointment for many, especially the children, but the festival will be back bigger and better on August 7 2021".
Cube International owes government just over £174,000
That includes unpaid fees from Cube’s 2023 TT contract, as well as late payment penalties added before the debt was formally registered.
Mountain Road closed due to RTC
It's from the Beinny Phott Junction to the Creg Ny Baa
Garff MHK says MUA proposal only 'alternative' sewage treatment plan
Daphne Caine attended the public meeting organised by the commissioners
Age Concern IOM shuts information centre
The charity will host pop-up services across nine locations on the Island from next week
Help available for small businesses
The hourly rate will rise from £12.25 to £13.46 from April next year