The Isle of Man Chamber of Commerce has voiced concerns that the government’s support measures for the hospitality sector during the Isle of Man TT will primarily benefits ‘larger’ businesses . Last week the Isle of Man Government announced a series of measures to designed to support the hospitality industry during the busy TT fortnight. They include the creation of a new temporary financial assistance initiative - called the TT Hospitality and Retail Staffing Incentive Scheme - during the races and the launch of a dedicated online support resource for hospitality workers.
The urgent measures were unveiled amid mounting concerns from the island’s hospitality bosses over the staffing and financial pressures faced by businesses. Isle of Man TT 2024: Rod Coleman was the first New Zealander to win a TT Manx Telecom launches dedicated datacentre division Organisers announce changes to Isle of Man TT's Saturday race day schedule Updated Isle of Man TT schedule released after crash cancels session Now the Chamber of Commerce says that while it ‘broadly’ supports the measures, it remains to be seen how effective they will be. A spokesperson for the group said: ‘Hospitality is a sector that plays a vital role in the local economy and to the quality of life for residents and the visitor economy.
‘It’s in this context we are pleased that the Department [for Enterprise] and Treasury has acknowledged businesses in this sector are facing very challenging times. ‘Initial.
