27 minutes | Monday, 21 October 2024
In what appeared to be a relatively uninspiring Tynwald Order Paper one of the expected highlights was the Treasury Minister’s statement. As things turned out, Lawrie Hoopers resignation overshadowed everything else but Alex Allinson’s statement explained a lot, both in what he did and didn’t say. The temporary rise in the higher rate of income tax is looking more permanent than we’d been led to believe and the pension triple lock is likely to be removed, but there was some good news hinted at in the statement too. No give aways from Treasury but perhaps some jam tomorrow?