Minister warns inflation could peak at 10 per cent later in 2022
Oil and gas prices are expected to remain 'abnormally high' for at least the rest of 2022.
That's according to Treasury Minister, David Ashford, who's been giving a statement on the Island's financial situation in Tynwald today (26 April).
He also admits that for low-income households, what can be done to deal with rising costs is limited:
Man treated for non-life threatening injuries following Ramsey incident
Two arrests made following reports of man being assaulted near Tesco
Two suspects in custody following Ramsey incident
Police say Tesco and car park will remain closed while investigation continues
Consultation open on plans to formally recognise the heritage of Douglas Head
Move would 'formally recognise the area’s unique heritage, architectural character and natural environment'
Police dealing with 'serious incident' in Ramsey
Bowring Road Tesco store closed following incident in the car park
Drop-in session to support Isle of Man charities
Meeting to provide information on planned updates to Island’s Countering the Financing of Terrorism framework
