It's been confirmed the sum charged for pitches at the Grandstand will be going up for TT 2011, to keep pace with the rising costs of staging the event.
In the House of Keys today (Tuesday), North Douglas MHK John Houghton said he was concerned costs for traders may go up by as much as 20 per cent.
Minister for Economic Development Allan Bell said government aimed to maximise income from the TT, but the decision on the cost of pitches was taken by the promotor of the Grandstand trading area:
Businesses feel strain from 25 percent Steam Packet fuel surcharge
Chamber calls for government intervention as freight costs rise across the Island
Former infrastructure minister says 'massive' amount of misinformation about clause five
Michelle Haywood believes it won't be brought back before Tynwald
Partying school leavers told "keep it safe"
Further public gatherings expected this weekend
Oie Voaldyn 'has never been more sustainable'
Fire festival using biofuel and offsetting carbon footprint
TT themed restaurant and bar to open this weekend
'Grand opening' for Motor Isle Bar and Grill