"Manx Tiger keeps its teeth"
3rd June, 2009
An article entitled "The Manx tiger keeps its teeth in recession" has appeared in the June 2nd issue of the Financial Times:
"While recession sweeps through Europe, one corner of the continent remains relatively untouched. On the Isle of Man the economy is growing, house prices rising and unemployment has just begun falling.
Businesses are optimistic amid one of the worst global downturns for 60 years, as a recent poll of companies in key growth sectors identified by the government revealed that half expect to increase profits this year and a third hope to take on more staff"
Our own business at Manx Independent has shown growth throughout the present year and with the fall in inflation and stabilisation of prices we expect this growth to continue. We have picked up several large distribution contracts from our competitors and this is attributed to our efforts in customer care, service and efficiency.