Contract with Cube International terminated immediately
The enterprise minister says government 'will work hard to recover funds' that a company tasked with the production and supply of Isle of Man TT Races merchandise owes.
The contract with Cube International has been terminated with immediate effect due to the company being in breach of its contract terms.
In August, the business said it was continuing to trade through 'historic challenges' - and designing a new range of goods in 2024 - after part of its group went into liquidation.
But Tim Johnston told Manx Radio it owes government and local businesses money:
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