Chief minister provides an update in urgent statement in Tynwald
The chief minister has confirmed government is now proposing a five percent increase to the Island's minimum wage in April.
Tynwald previously approved a 9.9 percent rise, resulting in concern from the business community.
Alfred Cannan sacked Treasury Minister Alex Allinson yesterday, with new Treasury Minister Chris Thomas confirming a slower approach to minimum wage was his priority.
In an urgent statement in Tynwald this morning, Mr Cannan reiterated that personal allowance changes are also on the way:
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Almost 38,000 passengers used ferry services to travel to Island during TT