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Tynwald committee warns against systematic reliance on reserves
BBC A committee has made 11 recommendations after reviewing the role of the Treasury, reserves and the island’s structural deficit A Tynwald scrutiny committee has warned the Isle of Man’s government could face “significant repercussions” if it does not end its “systematic reliance” on financial reserves. The Economic Policy Review Committee (EPRC), led by three…
Faisal Islam: Iran war pause is welcome but the economic scars will last
Many countries are also dependent on these waters for significant supplies of other petrochemical products, made at the refineries in the region. These include jet fuel, diesel, fertiliser ingredients and industrial products such as helium, essential for microchip manufacture.
How the new order of the Murdoch dynasty is playing out
Katie RazzallCulture and Media Editor BBC Listen to this article Christmas is a time when families get together if they can – and, until this year, the Murdochs were no different. With members of the media dynasty spread across the globe, full family gatherings were rare, although in 2008, according to biographer Michael Wolff, the…
Charity welcomes living wage rise in January
A social action charity has welcomed the decision to increase the living wage in Jersey to £15.10 per hour in 2026. The new rate was approved this week and will come into effect at the beginning of January. The living wage is £1.51 higher than Jersey’s minimum wage which is set to increase to £13.59…
