The Chief Minister claims that more than 500 jobs could be created by companies looking to set up in the island.

Howard Quayle made the comment in a speech to the 12th State of the Nation conference organised by the Alliance of Isle of Man Compliance Professionals.

He told delegates at the Villa Marina: ’Growing the working population is a priority for business and government.

’Our strategy of diversification has sustained the island into a remarkable fourth decade of unbroken economic growth. Today, the island’s unemployment rate is at its lowest level since the financial crisis of 2008.

’Government’s enterprise development scheme has received over 100 enquiries from businesses on and off-island.

’And there is potential for more than 500 new jobs from companies looking to set up here.’

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Howard Quayle’s rallying cry - see today's Isle of Man Examiner business news, page 43