Cost of living on many minds ahead of Manx election
Summary
Many people, businesses, and charities on the Isle of Man feel the pressure of rising living costs ahead of the island’s general election. Residents and shop owners report higher prices and harder times, while the local food bank says demand has doubled in two years.Key Facts
- Several independent shops in Ramsey say fewer customers come in, and running costs have gone up.
- The Isle of Man Chamber of Commerce warns of tough economic times ahead, including a smaller tax base and fewer high-paying jobs.
- Residents in Douglas cite rising prices as their biggest worry before the election.
- Food bank demand has doubled from 200 to 400 parcels per month in two years.
- About 80% of food bank users work full-time but still do not earn enough.
- Increased costs for fuel, energy, and supplies are affecting both families and businesses.
- Business owners report income is the same as years ago, but expenses have increased.
- People living on the island say they struggle to save money and cover daily costs.
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