Plans to relax the Island’s work permit rules in a bid to stimulate economic development have been welcomed by the president of the Isle of Man Bankers' Association.
Later this month, Tynwald will be asked to approved a series of proposals which, among other things, would allow for an increase in the number of days people from off-Island could work here without a permit.
Earlier this week, a union leader voiced concern the changes could dent the prospects of Manx workers, at a time of increased worry over job security.
However, John Coyle says the proposals would help certain companies do business more efficiently:

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