The timing was a surprise but the move itself certainly wasn't.
That's the Treasury Minister's view of news the UK government is to review its VAT sharing agreement with the Isle of Man, which currently accounts for over half of our government's income.
Mr Bell says given how the global economy has struggled over the last year or so, it was inevitable the UK would start to look at every possible way of saving money.
Douglas Council want to see 'zero rated' property policies continued under new ministers
Leader Devon Watson says if postponed it could cost ratepayers 'thousands of pounds'
MHK behind 20mph scheme hopes to see return to her original proposals
Ann Corlett is renewing calls for a ring road around the five schools in Douglas Central
Council of Musical Chairs: What do we know?
Almost three dozen ministerial changes have taken place in the Cannan administration
Parent group shares concerns over reports of 'AI misuse'
Delay Smartphones IOM reacts to police warning
CoMin reshuffle 'supported and applauded' by Local Economy Forum
The lobby group was formed in response to plans to increase the minimum wage by 9.9 percent