Advertisement

MEA debt needs 'radical measures'

by isleofman.com 19th March 2013

Radical measures are needed to bring down the Manx Electricity Authority's debts.

That was the message coming out of Tynwald this morning.

During question time Michael MHK Alf Cannan suggested the MEA either needed to have its debt wiped out, to be privatised, or both.

He said there was no way the authority could trade itself out of its current position.

Chief Minister Allan Bell agreed:

Clip 1
Posted by isleofman.com
Tuesday 19th, March 2013 12:33pm.

Popular Articles

Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide