Treasury minister says much depends on border and vaccine

The treasury minister says the Manx economy faces both internal and external challenges entering the new year.

Alf Cannan points to many factors which will help recovery including safely opening the borders as soon as practicable and a successful rollout of the Covid-19 vaccine.

He says he’s been clear from the start of the pandemic not all businesses will survive, but believes government support schemes have helped many.

Mr Cannan is encouraging people to spend on-island as much as possible:

Onchan MHK Rob Callister has political responsibility for motorsport and tourism.

He admits the cancellation of TT 2021 is another big blow to the tourist sector and further help may be needed:

Source: Manx Radio