notwell

Yes lets attach ourselves to yet another grubby scheme... eGaming isn't grubby. What are you referring to? Bitcoin is some way from being where it needs to be, but only a clueless plank would not be able to see the potential in block chain technology and, ergo, being at the front of that.

The block chain technology aspect is interesting. Bitcoin clearly has it's challenges although the concept of it is fine. The industry itself is in its infancy and the IOM could position itself in a similar manner it did with eGaming. Seems like a positive article and step to me.

Trump is a very successful man.

Indeed. If you liken that to Europe you currently have borderless countries where people can move around without any registration of where they are. And that goes for anyone, not one specific section of people. It's dangerous.

Have you called it?

It is coming up out of the drains so clearly either there is a blockage or the volume of water is too much.

It'll be interesting to see the effect on residual values in the next month or two on the second hand market.

Yeah right. So a 40 a day smoker is now going to go to a lawyer claiming his golf ruined his breathing by spewing out a few more nitrogen oxides than the book said it would? I'm more inclined to credit VW with a high level of sales ingenuity than pillory them for a terrible crime against humanity. They knew what tests the cars had to pass and they made them accordingly. My car has 3 engine modes I can select with a switch - one of them is 'eco-pro' which I rarely use. I bet it was used in the emissions testing though. Is this any different? I wasn't thinking of the legal aspect. More babies in prams, cyclists, passive inhalations and ''a few more'' particulants than the book said, etc. And it's still a flagrant fraud. No one cares about cyclists so you can scrub them off.

And in the IOM I think the only Franchise that has a dealership here is Seat (Raymotors) is it?

Audi at it now too. Poor old VW group. I hope Porsche haven't been at it . Someone said (about 20% ago) about it being a great time to buy VW shares. This isn't over. I'd be tempted to keep ones powder dry at the moment. http://www.cityam.com/225388/volkswagen-share-price-falls-its-removed-dow-jones-sustainability-indices Cue the selling by certain funds. Down another few percent today. Painful.

This isn't about consumption. We all know those are basically lies. Take the company figure and knock 1/3 rd off and you'll be there or thereabouts. It would appear emissions may well be a similar case

Audi at it now too. Poor old VW group. I hope Porsche haven't been at it . Someone said (about 20% ago) about it being a great time to buy VW shares. This isn't over. I'd be tempted to keep ones powder dry at the moment.

Class Action anyone?

This is about emissions, not economy. Everyone knows the economy figures are bollocks anyway.

Try a Volvo V40 D2 - yesterday I was doing 80MPH on the M5 and it was returning ~80mpg - quite amazing. This is a very economical car. not to fix it isn't. plus the horrific street cred issues

A lot lower potentially. Is there any worse place to have a litigation issue pending? The US Courts will go to town on them. You'll also get individual cases of people suing them. Long way to run. It'll be open season like with BP (wrongly IMO).

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Who really cares? Drivers don't. Just another excuse for the u.s to shaft a large company.

Anyone purchasing new or nearly new cars on finance would probably be better off leasing. By the time you work out the depreciation and finance costs then leasing makes sense. Roy Hall does leasing on the island I believe. A neighbour of mine is doing a lease deal through him and it appears ok to me. He would be someone buying the car on finance and the numbers make sense to lease. And business leasing makes sense in a lot of cases.

There was a debate and vote for the pinewood investment which had a majority in favour. And as per usual one might wonder if half of them even knew what they were voting for? I doubt if anybody outside of Bell, Teare and maybe Skelly know the true facts of this, but I'm tempted to go along with Lib Van's appraisal of what's gone on. At the end of the day, our elected wise men have ploughed almost £50M of taxpayer's money into the Film Industry over the last 12-odd years. TANGIBLY, we have the remaining £10M-odd exposure, plus the £5M that we made an additional £2.5M profit on the sale of the shares. Therefore, simplistically speaking, we have £17.5M left of that original £50m. Therefore leaving £32.5M spent on a worthwhile cause or lost, according to your point of view. Now the story goes that this has brought all manner of intangible, unquantifiable benefits to the Isle of Man as a whole. Though being intangible and unquantifiable (arguably conveniently), nobody seems to be able to define exactly how. Particularly to the tune of £32.5M. It could however also be argued that this £50M might, under our current fiscal circumstances, with foresight, have been better spent elsewhere. Perhaps staving off NHS dental charges? Maintaining free school buses? Keeping Car Road Tax down for a couple of years maybe? Or even making an equally intangible dent in the MEA/Utilities Debt? Or keeping the Incinerator costs off the Rates for a bit longer.... I suspect the truth is somewhere in the middle. The long and short of it is that the Isle of Man needed to and still needs to diversify its industry and income sources. Be that through tourism, engineering, eGaming, shippping, aircraft, film investment etc etc etc etc. I believe there has been tangible benefits to the island and I think if you isolated that £6m loss in the Zack Efron film then I think overall things might not look so bad over a 10-12 year period. We can always sit back at numorous financial decisions and think "that could have been spent here/there" but it doesn't work like that.