Slight drop in confidence from Moody's
The outlook on the Isle of Man’s credit rating has been changed from ‘stable’ to 'negative'.
Moody’s Investors Service has changed the outlook to ‘negative’ AA1 following the result of the EU referendum.
The UK’s vote to leave catalysed its reduction to an AA rating on Moody’s, Standard and Poor’s, and rival firm Fitch earlier this week.
Treasury Minister Eddie Teare says it isn’t a game changer, though:
Reopening of Martin Ward delayed following further safety checks
Further environmental concerns identified during checks, extending temporary closure beyond initial four-week estimate
Major reservoir projects completed on time and on budget
Manx Utilities gives update on Cringle and Clypse projects
Law Society responds to 'anecdotal' reports of conveyancing log-jam
Reported increase in local demand and rise in people off-Island seeking properties
Repair scheme an 'antidote to throwaway culture'
ECAS launches initiative to upcycle unwanted items
