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VAT to be cut from Isle of Man electricity bills in line with UK
A reduction in VAT from 5% to 0% will be applied to domestic electricity bills on the Isle of Man from October, the government has confirmed. The move mirrors the measure outlined in the UK, which is expected to be in place until the end of the 2026-27 financial year. Manx Utilities said, while the…
Comac: The Chinese planemaker taking on Boeing and Airbus
“In the future we welcome all newcomers. We are keen to see more competition. Comac has got its certification process to go through and at some point in the 2030s, we see that it will be an offering that would be attractive to ourselves and other carriers,” Mike Szucs, chief executive of low-cost Philippines carrier…
