Treasury support to help industry find new business
The aerospace industry on the Isle of Man is facing a ‘real problem’.
That’s the view of the head of government’s Business Agency who says it hasn’t bounced back after the Coronavirus pandemic.
The issue was highlighted at an Economic Policy Review Committee held on Wednesday.
Extra Treasury support has been rolled out to support the sector.
Tim Cowsill says that involves taxpayers’ paying for some of the workforce to go off-Island to find new business:
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