Latest News Headlines
On-Air Now
Listen Live

Loans could be offered to hard hit farmers, say Treasury

Tue, 16 Apr 2013

Government support for farmers could come in the form of a loan, according to the Treasury Minister.

Eddie Teare has been speaking about the situation faced by many farmers after thousands of sheep and cattle died in the snow.

Some funds have been released early to farmers from the Countryside Care Scheme but it’s only money they were entitled to in the first place.

The minister says consideration is being given to some sort of financial support and says rather than a grant, help could be given as a loan, repayable under certain conditions.

He'll answer questions about the matter in Tynwald today.

Mr Teare says the snow has caused wide-reaching problems for the farming industry.


  • Treasury Minister, Eddie Teare MHK


Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed