Education Minister Anne Craine says her department's budget will have to be 'trimmed' in the wake of this week's 'VAT bombshell'.
But she is insisting the construction of the new secondary school at Bemahague, Onchan won't be affected.
The government's budget is due to be slashed by up to £90 million next year and £140 million thereafter, but Mrs Craine says the new school remains firmly on track:
Five IOM women recognised in King's Birthday Honours
Government House has announced the appointments
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Officers issue appeal for information following incident
Option to relocate dementia patients no longer being considered by Manx Care
Body issues further update on reinstatement of rehab service to north
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Technical issues on the ferry resulted in papers arriving late on the Island yesterday
Six month appointment follows Teresa Cope's resignation