Government doesn't need reserve fund for Steam Packet bail-out says Bell
Publication Date: Tue, 14 Feb 2012 17:40
The Chief Minister says the government hasn't found it necessary to set up a fund to rescue the Steam Packet in case of a future financial emergency.
Allan Bell was answering a question from Onchan MHK Zac Hall in the House of Keys today.
Mr Hall asked about the Steam Packet's financial position and whether an ad-hoc reserve fund needs to be set up in case the company ever needs bailing out.
But Mr Bell doesn't think it's needed.
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Chief Minister Allan Bell
