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Business News

175th Anniversary of Cunard’s first transatlantic service marked by Isle of Man Post Office

Isle of Man Post Office is pleased to celebrate the 175th Anniversary of the Cunard shipping Line’s first transatlantic service with a stunning set of celebratory special edition collectibles, due for release on 25 May. The collectibles can be purchased at iompost.com and from Liverpool Council’s pop up shops located along the Liverpool Waterfront during […]

Abacus Awarded Offshore Financial Services Firm 2015

Leading fiduciary and fund services group, Abacus, have been awarded Offshore Financial Services Firm – Isle of Man in the CorporateLivewire 2015 Global Awards. The Global Awards Guide 2015 honours and acknowledges an elite group of firms, individuals and businesses for their impressive performance over the past 12 months, and who have demonstrated excellence in […]

STRONG START TO THE YEAR FOR ISLE OF MAN M&A DEALS

The value of M&A and IPO deals targeting Isle of Man companies rose to USD1.4bn in the first three months of 2015, an 83% increase on the final quarter of 2014, according to a report released today by Appleby, one of the world’s largest providers of offshore legal, fiduciary and administrative services. The latest edition […]

Equiom named ‘Trust Company of the Year’ at Citywealth Awards

Equiom is celebrating further success after being named “Trust Company of the Year” at the prestigious Citywealth Magic Circle Awards. The occasion which recognises the excellence of companies in the private wealth sector, was held in London on Thursday 7th May and saw Equiom triumph over other prominent fiduciary providers. Equiom’s Group Managing Director, Sheila […]

Appointments

Old Mutual International appoints head of quality assurance

Old Mutual International appoints head of quality assurance

Old Mutual International has appointed Jim Green into the role of head of quality assurance. In his new role, Jim has joined the operational assurance team with overall responsibility for quality assurance, operational risk management, broker monitoring and complaints handling. This is a key role for the business as Old Mutual International looks to align […]

First Names Group appoints new Group Head of Marketing

Leading trust, fund and corporate services provider, First Names Group, has appointed Alison Duffy as its new Group Head of Marketing, Communications and PR. The appointment is effective immediately. Alison will be responsible for managing and communicating the First Names Group brand both externally and internally across its 14 locations. Her role will also encompass […]

Mark Robson joins Isle of Man’s e-Gaming team

Mark Robson has joined the Department of Economic Development as Head of e-Gaming He takes on the job after working for a number of years within the IT and gaming industries in a variety of roles. Peter Greenhill, CEO, e-Gaming, Department of Economic Development said: ‘With over a decade of experience working for and with […]

New addition to the Isle of Man’s e-Business team

Elissa Morris has joined the Department of Economic Development as e-Business Manager following successful roles in Sales and Account Management within local ICT firms specialising in datacentre services, network, cloud, managed hosting and security solutions. Peter Greenhill, Director of e-Business, Department of Economic Development said: ‘Elissa’s strong background in sales within the e-Business sector means […]

Events

Peregrine director Stuart heads to Shanghai

Peregrine director Stuart heads to Shanghai

Peregrine Corporate Services Limited (“Peregrine”) director Stuart Foster is heading to Shanghai, China to attend IR Group’s “On the Road” conference. Taking place between 28th and 30th May, the conference attracts business professionals from all over the world. “I attend the IR conferences every year,” said Stuart. “The Conferences provide a platform to meet other […]

Isle of Man Post Office puts stamp on London 2015 Europhilex show

Representatives for Isle of Man Post Offices Stamps and Coins division will this week be representing the business at London Europhilex 2015, the show runs from May 13- 16 and is being held at Islington’s Business Design Centre. The 2015 show marks the 175th Anniversary of the first issue of adhesive postage stamps with the […]

ACSP June seminar to pose the question: ‘Has the starting gun sounded on the last phase of the economic cycle?’

The Association of Corporate Service Providers has arranged a seminar on Tuesday June 23rd with Barclays’ head of equity strategy Will Hobbs that will pose the question: ‘Has the starting gun sounded on the last phase of the economic cycle? If so how long will it last and where should I be invested?’ Mr Hobbs, […]

Lord Digby Jones to be speaker at Isle of Man Chamber of Commerce dinner

Lord Digby Jones to be speaker at Isle of Man Chamber of Commerce dinner

Lord Digby Jones – formerly the Director General of the CBI and Minister of State for UK Trade and Investment – will be the guest speaker at an Isle of Man Chamber of Commerce gala dinner for members. The black-tie event on Friday June 26 at the Villa Marina is being held to celebrate Chamber’s […]

Editor's Choice

Coming Home for Tynwald Day

Coming Home for Tynwald Day

One of the UK’s leading film critics, Mark Kermode, who has Manx roots, will be among many ‘coming home’ for Tynwald Day. Mark Kermode and his mother Audrey will be joining other guests of the President of Tynwald, Clare Christian, at the Tynwald Day ceremony on Monday July 7th. This year’s national day celebrations will […]

Nationwide International wins Moneyfacts award

A night of success at the Moneyfacts Annual Awards 2014 in London has seen Isle of Man based Nationwide International, the offshore branch of Nationwide Building Society, pick up the “Best Account Offshore Provider” award. Sylvia Waycot, Publishing Director, Moneyfacts, said: “By offering an excellent overall offshore product range across numerous currencies, including no notice, […]

Shared Equity Schemes – Consultation Response

The Department of Health and Social Care has today published a response to the recent consultation on replacing the current House Purchase Assistance Scheme, with two Shared Equity Schemes. The consultation was launched in March 2014 and sought comments on two new distinct Shared Equity Schemes: First Home Choice aims to assist First Time Buyers […]

Manx Gas Apprenticeships Offer Opportunities for the Future

Manx Gas Apprenticeships Offer Opportunities for the Future

Manx Gas is looking to “invest in the youth of the island” by offering up to three apprenticeships to candidates who can demonstrate their desire to work in an engineering based environment. “After a difficult few years and a major restructure of the business we are now able to provide these opportunities,” said Robert Gardner, […]

Community News

New ‘green’ cleaning business supports local economy and environment

All businesses on the Island are being encouraged to support the local economy, and to care for the environment. Addressing these two important issues is at the heart of a brand new cleaning and maintenance business which has just been launched. Smart Clean has specialist cleaners to cover the needs of all types of clients […]

Isle of Man Squash to compete in European Team Championships

Isle of Man Squash to compete in European Team Championships

The Isle of Man men’s squash team will travel to Slovenia this week to compete in the European Team Championships. The event takes place in Ljubljana from April 22 to 25 and the Island’s first matches will be against Lithuania and Slovenia. The six-man team for 2015 includes Robin Crease, Ashley Sandyford-Skyes, Dewald Joubert , […]

Cambodian footballers compete in national tournament sponsored by Cains

Cambodian footballers compete in national tournament sponsored by Cains

A team of under-13 footballers from a deprived community in Cambodia has been able to compete in a national tournament for disadvantaged children thanks to ongoing sponsorship from Isle of Man-based Cains. The pupils from the charity-funded Aziza School, which serves one of the most deprived communities in the Cambodian capital of Phnom Penh, took […]

Bobby Moore Fund charity golf day: Fifth year of Celton Manx sponsorship

Bobby Moore Fund charity golf day: Fifth year of Celton Manx sponsorship

Celton Manx is to sponsor the Bobby Moore Fund for Cancer Research UK charity golf day for the fifth consecutive year. The event is to be held on Thursday June 18th at the Mount Murray golf club and will not only offer a great day’s golf but also golf tricks and comedy from ‘The Striker’ […]

Charity News

Passengers’ incredible generosity lifts-on-board collections for Rob Vine Fund past £200,000 mark

Passengers’ incredible generosity lifts-on-board collections for Rob Vine Fund past £200,000 mark

This year’s TT collection on board Steam Packet Company vessels in aid of the Rob Vine Fund raised in excess of £13,000, lifting the total raised by passengers over the years past the £200,000 mark. The annual collection started, as many great ideas do, over a pint in the pub, following a conversation many years […]

Prison officers and inmates complete charity walk

Prison officers and inmates complete charity walk

A group of prison officers and inmates undertook a sponsored walk from Jurby Prison to the old Victoria Road prison site in Douglas earlier this month to raise funds for Rebecca House Children’s Hospice. The route was mostly cross country, ascending the challenging Ballacobb and round the back of Beinn-y-Phott. The group followed the Millennium […]

Microgaming Manx Cancer Help Golf Day raises over £8,000

Microgaming Manx Cancer Help Golf Day raises over £8,000

The inaugural Microgaming Manx Cancer Help Golf Day held last Thursday (19th June), raised a magnificent £8,170 for the charity. Eighteen teams took on the 18 holes of Mount Murray Golf Club and the AM-AM competition proved even hotter than the weather. At the finish, two were tied on 118 points with the winners – […]

A Helping Hand for the Manx Wildlife Trust’s 2015 Calendar

A Helping Hand for the Manx Wildlife Trust’s 2015 Calendar

The Manx Wildlife Trust, the Island’s leading nature conservation charity, is delighted to announce the publication of its calendar for 2015. Showcasing spectacular Manx wildlife and scenes, the calendar has been very generously sponsored by PokerStars through their corporate giving programme, Helping Hands. A longstanding Gold Corporate Member of the Manx Wildlife Trust, PokerStars launched […]

Other News

Old Mutual Wealth’s sales increase 16% as it benefits from pension reforms

| May 18, 2015 | 0 Comments

Old Mutual Wealth’s gross sales increased by 16% to £4.6 billion in Q1 2015 (Q1 2014: £3.9 billion), with pension sales particularly strong and the benefits of its vertically integrated model becoming evident. Net client cash flow (NCCF) during the quarter was £1.0 billion, 9% lower than prior year, and when the planned loss of […]

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KPMG provides advisory support to RL360º deal

| May 18, 2015 | 0 Comments

RL360º, the Isle of Man based wealth management and life insurance company, announced last week that it has entered into an agreement with Lloyds Banking Group to purchase its international life insurance business Clerical Medical International, subject to regulatory approvals. KPMG provided cross-border integrated deal advisory support to RL360º including M&A advice and associated financial, […]

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Fans race down to meet TT star Conor

Fans race down to meet TT star Conor

| May 18, 2015 | 0 Comments

Dozens of fans met one of the TT’s most popular riders during a personal appearance at the Manx Telecom shop at the weekend [Editor’s Note: Saturday May 9]. Conor Cummins, the fastest Manxman ever to lap the Mountain Course, was at the Strand Street store to meet fans of all ages who wanted to talk […]

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Second annual Global Lottery Messenger Forum a Resounding Success

Second annual Global Lottery Messenger Forum a Resounding Success

| May 18, 2015 | 0 Comments

100 delegates, representing 35 Lottery Messenger brands including the industry’s largest, travelled from 18 countries to participate in the industry’s second annual global conference, GLMF2015. It took place on board the 5-star Sunborn Yacht Hotel in Gibraltar, on 27th April. Organised and hosted for the second consecutive year by Counting House, and this year supported […]

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