Economic Development should 're-think' investment approach

Wed, 02 Mar 2016

Government needs to re-think its approach to investments.

That's the message from an Onchan MHK - who says Vickers Report recommendations still provide opportunities to boost the economy.

The document suggests the industry should adjust its operations to split 'high-risk' investment banking from low-risk retail banking by 2018.

Peter Karran explains why he believes investing in specialist financial markets is better than ploughing money into the Enterprise Development Fund: