
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.

Amber weather warning issued as strong winds and coastal conditions expected overnight
Hospice funding criticised by UK charity chief amid Isle of Man service cuts
Sailings cancelled as storm brings gale-force winds
Manx Mountain Marathon route diverted over safety concerns amid forecast strong winds
Rushen MHKs to meet with Southern Group Practice over appointment concerns