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:
Douglas pub to close its doors
H&B ending its tenure at the Manor in Willaston
Chief minister hints at more ministerial positions in the future
Chris Thomas announced his initial Council of Ministers yesterday
SPC warns passengers of possible traffic delays around Liverpool terminal
Ferry provider urgers travellers to allow extra time for their journeys
Charity seeks more male volunteers
Ed Space holding coffee shop recruitment drop-in