Herald Editor
Downie tells Select Committee privatisation of MEA has to be considered
Former Department of Trade & Industry Minister, Alex Downie MLC surprised Steven Rodan SHK, chairman of the Tynwald Select Committee investigating the Manx Electric Authority
KSF winding-up adjourned for a month
Acting Deemster Andrew Corlett acceded yesterday (Friday 24th Oct) to the petition, lodged by the Treasury, to delay the winding-up of Kaupthing Singer Friedlander (IOM) ...Tynwald votes to put £150m of taxpayers’ money on the line
In this afternoon’s sitting of Tynwald (Thursday 23rd) members voted overwhelmingly in favour of an amended depositors’ compensation scheme that will potentially cost the taxpayer ...FSC foresaw KSF type ‘crash’ scenario but why did it just provoke ‘much thought’?
The Financial Supervision Commissions’ flashy 25th birthday Annual Report 2007/8 appears to identify exactly the type of problem currently being experienced by Kaupthing Singer Friedlander ...Paul Robinson tells audience at Barclay’s Capital seminar “recession is inevitable”
Banks do not just go ‘pop’ over night
Many depositors in the failed Kaupthing Singer & Friedlander bank are understandably questioning whether action should have been taken sooner to better protect the savings ...Appeal lodged in Strategic Plan challenge
Baccarat has appealed the judgement by Deemster Kerruish who dismissed the company’s Petition of Doleance challenging the validity of the Strategic Plan. In a ...Another nick taken out of IOM’s umbilical cord to UK
The announcement, by DHSS Minister Eddie Teare MHK, that the UK is to cease treating IOM residents for free, if they are admitted to hospital ...DAFF Minister delivers ‘Food for Thought’ at P A G Meeting
Treasury dithers over increase in investor compensation
Whilst Ireland and Greece have taken the dramatic step of guaranteeing all bank deposits, and the UK has increased its limit to £50,000, the authorities ...Author info
Herald Editor
Andrew Jessopp has been involved in the political life of the Isle of Man for 20 years, and has been producing material for publication in various forms of the media for approximately half that period.
He took on the responsibility of editing the Manx Herald in 2007; and currently also acts as the main reporter for the news service.
email: heraldeditor@manx.net