As around 700 students collect their A-Level results on the Isle of Man, many will be considering their next step - either to apply for university on the mainland or to remain on the island and look for a job. Although the recession is not drawing many youngsters to the prospect of looking for work in the UK, recent developments within the unique Manx economy is causing some commentators to speak quite optimistically about the coming year.
Of course much of the Isle of Man economy is centred around its financial sector, and its offshore interest rates and savings accounts are some of the best to be found in Europe. Its establishment as a major financial centre is due to the island's government proposed incentive to bring business to the island via lower taxes, a proposition that has continued from the mid-sixties to this day.
