Positive Action Group - Possan Jantys Jarrooagh

Open, accountable government, rigorous control of public finances, and a fairer society for all.

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Government Finance

Comparison of the DCS with the UK scheme

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KSF iconComparison of the UK (FSCS) and IOM (DCS) Compensation Schemes for bank deposits by the Kaupthing IOM Depositors Action Group (KSFIOM DAG).

KSFIOM DAG do not believe that the IOM DCS is at all equivalent to the UK scheme and should in fact only be called a Depositor Early Payment Loan Scheme (or similar)...

 

Kaupthing - two years on

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Statement from the Kaupthing IOM Depositors Action Group (KSFIOM DAG) on the position two years on from the banks collapse in October 2008.
 

IRIS spending lambasted

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To get up to speed as a new member, Chris Robertshaw decided to look at how government capital projects are managed. To this end he chose the IRIS Project and studied the recent 'Peel options', because, in his words "it is obviously an extremely significant capital project with a history - it’s ongoing today  - and it will stretch out before us into the future in one form or another for some time to come". 

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Download this file (CR IRIS speech 20101010.pdf)Tynwald IRIS speech by Chris Robertshaw 20.10.2010223 Kb584
 

Public Sector Wage Demands

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WagesSo .... the Public sector Unions are agitating again for a pay increase for their members. They have clearly forgotten (or are willing to ignore) the economic problems of a government which has had a big slice of its anticipated VAT income snaffled by the UK – and, meanwhile, we have ever increasing demands on government expenditure, with education, the health service, old age pensions etc all suffering minor salami slices in government spend, and Ministers (you would think) desperately trying to balance their departmental budgets. Every 1% increase in wages takes £3million out of the total government budget – and away from public services – and hence the problem.

 

2010 Budget - A triumph of creative accounting, more 'spin' than substance

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There is, of course, no “right answer” as regards economic policy and the making of a budget. There are any number of variations on the theme which can be valid, depending on one’s political stance, the exigencies of the situation, and the time-frame applicable.  Mr Bell’s latest budget has apparently been greeted enthusiastically by many as “right for the times” now facing the Isle of Man.

 

The Case for retaining the Common Purse Agreement

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A transcript of the key parts of Chris Robertshaw’s presentation to a PAG meeting on 1st February 2010.

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Download this file (DTI_Gateway_to_Europe_brochure.pdf)DTI Gateway to Europe brochure4689 Kb464
 


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