We’re Spending in the Wrong Places Home News Social media Joney Faragher has criticised Treasury’s decision to increase the personal allowance by £2,250, describing the move as a permanent structural cost that will do little to help the lowest earners. In a budget debate speech, the Manx Labour Party leader said she supported increasing personal allowance in principle but warned that the £23m recurring commitment was being funded from reserves, “baking further structural deficit into our future annual expenditure”.

We’re Spending in the Wrong Places

#ManxbudgetDay2026 #manxbudgetday #isleofman #iom #news #isleofredtv #ManxLabourParty