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The Isle of Man Scheme offers protection for ''eligible protected deposits'' of up to £50,000 (which includes deposits by most individual persons but does not, for example, include trustees or nominees) or £20,000 for most other categories of depositor, subject to certain rules and limitations set out in the Isle of Man Scheme. Further
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Douglas council to build solar energy farm
Douglas council is to start producing its own sustainable solar energy. The local authority has approved funding for a solar farm to power some of its facilities. The generation facility would be built in Braddan and have a life span of around 20 years. It''s thought the savings will mean it''ll effectively pay for itself within five to seven years.
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