Displaying items by tag: Shares
#ferries - Manx Radio reports of a political party that says the Island's public could buy shares in the Isle of Man Steam Packet to benefit from government's nationalisation of the company.
The idea has been floated by LibVan as a way of letting the Manx people have a direct stake in the investment, which cost the taxpayer £124 million.
Government bought the company last year from Banco Espirito Santo, and last month Tynwald approved new 'Heads of Terms' for the Sea Services Agreement.
To read more on the story and to listen to LibVan party member, MHK Lawrie Hooper click the link here to the radio's podcast.
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