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:
Figures show cost of works at Ramsey and District Cottage Hospital
Jump in routine and urgent maintenance costs
Warning after drone reported flying over farm
Police issue reminder about rules surrounding piloting unmanned aircrafts
French tall ship returns to the sea
La Malouine is back 'where she belongs'
Charity hosting singing workshop today
Monthly event continues at Roundhouse
"We carry flip flops for those in high heels"
Volunteers with Street Angels on the lookout for TT accommodation