
An MHK who has regularly questioned the validity of the Sefton bailout says she feels justified by the findings of a report into the deal.
Tynwald’s scrutiny committee assessed the Manx government's £4.5 million support package for the Sefton Group and its report goes to Tynwald this week.
It concluded government did act reasonably in helping keep the business going and that there was a 'substantial' risk many jobs would be lost if the group had failed.
However, it says a number of serious issues should be reviewed before financial support is given in similar circumstances in future.
South Douglas member Kate Beecroft says that includes protecting local suppliers who did business with the Sefton Group.


Assisted Dying Bill is compliant with European human rights laws, insists mover
Local charity now registered for medical operations
Douglas Council to keep non-Christmas lights up until February
Survey to assess business confidence on Island