Operation of new enterprise fund questioned by MHKs

Saturday, 24 October 2015 00:00

Who will manage the £50 million Enterprise Development Fund now that it's been approved by Tynwald?

That's the question being posed by a number of MHKs who have concerns as to how the scheme will be supervised.

It's been suggested that one man will be responsible for distributing the money - the fund is expected to create new jobs and business opportunities.

However Douglas East MHK Chris Robertshaw, Douglas West MHK Chris Thomas and Michael MHK Alf Cannan have their reservations:

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