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:
Debate over future of Castletown Police Station
Questions taken on building's future ahead of vote this afternoon
Campaigners react to delays to Assisted Dying Bill
UK Government 'unable' to recommend legislation for Royal Assent over safeguarding concerns
Hospital main entrance remains closed following vehicle fire
Manx Care confirms no-one was harmed in incident
Report calls for public to be more involved in Budget process
Committee puts forward 25 recommendations for change
Assisted dying, a police station and A+E waiting times under the spotlight in Tynwald
19 questions on April order paper
