crumlin Posted March 1, 2005 Share Posted March 1, 2005 In Tynwald today the Manx Government are to be asked to right off over £5.5 million owed by the IBS. How much more can we afford to lose. Link to comment Share on other sites More sharing options...
When Skies Are Grey Posted March 1, 2005 Share Posted March 1, 2005 Is it me or has Crumlin missed a ? out of his post!! Link to comment Share on other sites More sharing options...
crumlin Posted March 1, 2005 Author Share Posted March 1, 2005 Is it me or has Crumlin missed a ? out of his post!! <{POST_SNAPBACK}> Manx Radio news Link to comment Share on other sites More sharing options...
Addie Posted March 1, 2005 Share Posted March 1, 2005 And the Manx Radio story link is what, please? Link to comment Share on other sites More sharing options...
ans Posted March 1, 2005 Share Posted March 1, 2005 I assume it was a radio item. Don't see it on the website. Link to comment Share on other sites More sharing options...
crumlin Posted March 1, 2005 Author Share Posted March 1, 2005 I assume it was a radio item. Don't see it on the website. <{POST_SNAPBACK}> David Anderson broke the story last night on Mandate or some other program and MR went with the story this morning on the news. Link to comment Share on other sites More sharing options...
ans Posted March 1, 2005 Share Posted March 1, 2005 And what reasons were given? Link to comment Share on other sites More sharing options...
Addie Posted March 1, 2005 Share Posted March 1, 2005 On Manx Radio website now. Quote below ... Tynwald is to be asked to write off £5 1/2 million of debt for the International Business School. The news was exclusively revealed by Education Minister David Anderson on Manx Radio's Agenda programme last night (Monday). His department has to pay the sum by the end of March. The school has already cost the taxpayer around £1 million a year in recent years. In December a House of Keys question from Onchan member Peter Karran led to the announcement the department's subvention for the school up to March last year was £3 million. That was in addition to the Department of Local Government's purchase of the land on the Nunnery estate for £1.2 million. The £5 1/2 million appeared in the department's capital schemes which was approved in the Budget a fortnight ago, but Mr Anderson insists the business school isn't a pipe-dream which has gone up in smoke Link to comment Share on other sites More sharing options...
FCMR Posted March 1, 2005 Share Posted March 1, 2005 £5.5 million would go along way if spend on the youth of the Island. Link to comment Share on other sites More sharing options...
TheTool Posted March 1, 2005 Share Posted March 1, 2005 What i want to know is how can they carry on with this pie in the sky scheme, government is wasting so much money on schemes like this it is unreal. Do we get value for money i don't think so, i think £5.5 million could be better spent like FCMR said on the youth of the island. We aint talking small sums here this is millions of pounds. Just you wait for the prison i bet that will be a massive cock up that will cost double the quotation. Jobs for the boys yussir Link to comment Share on other sites More sharing options...
joeyconcrete Posted March 2, 2005 Share Posted March 2, 2005 It does seem very excessive. £5.5 million should be given to the college, and all the students/staff transferred from the IBS. I've never really seen the need for the IBS, and now its apparent it's becoming a waste of cash. Link to comment Share on other sites More sharing options...
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