Perspective 2.11.25 - Isle of Man Chamber of Commerce

The Isle of Man Chamber of Commerce represents many Manx businesses and has been pretty vocal of late in expressing concerns over the minimum wage increase. It has at times been accused of being too influential over government but is that really the case? What do we need to change to drive economic growth, how can the Island’s housing problems be solved and what impact will artificial intelligence have on the Manx work place? And why is the oft discussed MoneyVal inspection so important? The Chamber’s pot seems to be overflowing with ideas but is government taking notice?

October Tynwald highlights this week. Questions pondered how people will cope when the MiCard system is scrapped and whether the Manx economy is in recession. A new Child First Policy was received by Tynwald and there was unanimous support for a call to introduce a comprehensive program of neurodiversity training in Manx schools.

Tynwald’s Environment and Infrastructure Committee held an evidence session with officers from the MUA last week and there were several revelations which should be of interest to us all. A thousand Manx households are contributing 7 megawatts of renewable energy to the Manx grid and the MUA is working closely with private sector renewable energy projects in the south and north of the Island. So what does this mean for future energy production for the Isle of Man? Has government been too focussed on renewable energy production and not clear enough in helping the MUA understand future energy usage. The vital sparks at the MUA reveal all.