Inflation hit 9 per cent this week
A Manx economist has warned of rising inequality, as the cost of living soars.
Inflation rates rose to 9 per cent, here and in the UK.
The big increase on the Island has been put down partly to higher air fares, coinciding with the return of the TT, while petrol and oil are up over 30 per cent.
'The poor have become steadily poorer.'
Rebecca Cretney is a chartered wealth manager and investment counsellor at Nedbank:
Storm Boelo updates
Weather warnings will be in place throughout the weekend
New amber warning issued
Storm Boelo is bringing strong winds and rain to the Island
Island Rotary Club Marks World Polio Day
Rushen & Western Mann branch donates to disease eradication fund
Douglas Council says 'anti-fragile' systems in place to deal with severe storms
Leader Devon Watson says council budgets for 'unforeseen circumstances'