Gallery | February 2012 | Love

Page 73

BUSINESS

BusinessNews Continued

their exclusive Signature range, with all flowers hand selected by the florists to deliver elegant and eye-catching designs.

Manx2.com looks back on another busy year encouraging visitors to the island

Mark continues: “As a local business, we feel it is important to maintain and support healthy relationships with a number of local organisations. Because we source all of our flowers direct from the growers, we are able to cut out the middle man and provide fresh and affordable flowers to the local community. We look forward to a great partnership in the coming years to allow Robinson’s and Posta-Rose to blossom in the future.”

Dr John C. Taylor, OBE Awarded Fellowship by the Royal Academy of Engineering Santon based inventor, entrepreneur, philanthropist, horologist, pilot, mountaineer, Yachtmaster and photographer, Dr John C Taylor, OBE, has been awarded a prestigious Fellowship of the Royal Engineering Academy for his outstanding contributions to the advancement of British engineering, innovation and commerce. HRH Prince Philip presented the Fellowship at the historic Draper’s Hall in the City of London in October on an occasion that marks another milestone in a memorable year for Dr Taylor, who was also appointed Officer of the Order of the British Empire in the 2011 New Year Honours at Windsor Castle by HM The Queen for services to business and horology. The Fellowship represents the zenith of an illustrious career for the ‘retired’ inventor and will secure his place amongst the most esteemed figures in modern British engineering history, including Sir James Dyson, Sir Alan Muir Wood, who was instrumental in the development of the Channel Tunnel and Francis Thomas Bacon, inventor of the first practical hydrogen-oxygen fuel cell. “I feel honoured to have been recognised in this way by such a venerable institution and proud to be numbered amongst such highly regarded peers,” commented Dr Taylor on the achievement.

Live Gaming Tournaments on the Isle of Man to be given the nod The Department of Economic Development has released a consultation document which sets out proposals to create further economic diversification, by amending the Casino Act 1986 and the Gaming Betting and Lotteries Act 1988, to facilitate live gaming tournaments being held on the Island.

The year started with exhibitions at the Holiday World Shows in Belfast and Dublin in January, and in April, Manx2.com was invited to Anglesey’s ‘One Big Day’ Royal Wedding celebrations. In June, they joined IOM Tourism at the Three Counties Show in Worcestershire, the Great Yorkshire Show in Harrogate and the Royal Welsh Show followed in July, with the Anglesey Show in August. Supported by IOM Tourism, Manx2.com also hosted a number of travel writers and journalists in the Island. And then in July, several journalists from the Isle of Man’s own media spent the day in the Cheltenham and Gloucester area and Gloucestershire Airport was also the location of a world record attempt for the ‘Fastest airport in the world’. Isle of Man-based staff at Manx2.com nominated Hospice Isle of Man as their charity for 2011 and the charity was given 52 flights, one for every week of the year, which they have used to help raise funds towards running costs of £3.5 million per year. All taken to a count, Manx2.com helped raise £26,000 for the charity, £4,000 of which was a result of a plane-pull event at Isle of Man Airport supported by several other local companies. For 2011 Manx2.com introduced a number of new flights and routes to its timetable. A summer season of flights between the Isle of Man and Anglesey took off from 1st June and there was a special series of flights between Cardiff and the Isle of Man during the TT period. A new schedule of business-friendly flights to Belfast City Airport was launched at the start of September, with the earliest flight departing at 0730 and an additional return flight every Saturday was added to the Newcastle timetable.

Isle of Man continues to be dominant in Alternative Investment Market (AIM) listings

Commenting on the proposals, Minister for Economic Development, John Shimmin MHK, said, ‘The Department has identified an opportunity to be able to attract live gaming tournaments to the Island with all of the associated economic benefits they will bring in terms of increased bed nights, spend in the local economy and increased passenger numbers on aircraft serving the Island.

A recent piece of research, conducted by Hemscott Group Ltd and commissioned by the Isle of Man Government, has shown the Isle of Man continues to dominate the AIM market, and has shown the Isle of Man to be in first place in respect of the largest number of non-UK incorporated AIM top 100 companies with a market share of 18.6%, up from 16.3% a year earlier (2010). Bermuda and British Virgin Islands took second and third place respectively.

‘At the present time the law restricts which venues can be used for such events. The proposed Casino (Amendment) Bill will give the Gambling Supervision Commission the powers to be able to grant temporary licences for these events at a wider range of possible venues.’

In terms of total non-UK AIM companies, the Isle of Man has retained its market share over the last two years, leading overall with 50 companies, despite challenging market conditions. The current market capital of non-UK AIM 100 companies registered in the Isle of Man stands at £1147 million (£1.14 bn).

BECAUSE QUALITY MATTERS

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