The Department of Infrastructure says buses made a loss of £7 million this year.
In the DoI’s annual report it says that Bus Vannin made £5,210,000 in the last financial year.
But recorded that it cost £12,195,000 to run the service, resulting in a £6,985,000 loss for the department.
Cost saving measures have already began on bus services with the route to Cregneash and the Sound axed.
Cyber Security Centre warns of new AI tech
The Island's Cyber Security centre is warning about a new AI which has uncovered previously unknown weaknesses which can be exploited by hackers.
Section of landmark pier to re-open for the season
Part of the Queen's Pier in Ramsey will be re-opening for the season next month.
Tynwald to debate urgent question about assisted dying
Tynwald will hear an urgent question about assisted dying laws when it sits tomorrow morning.
New airport director appointed by government
The government's appointed a new airport director.
Tributes paid to well-known commissioner
Tributes are being paid to a long-serving commissioner in the North.
Section of TT course closed this week
A section of the TT course is now closed until Friday afternoon.
Freight capacity to be raised in Tynwald tomorrow
Tynwald will hear about freight capacity in the Island's capital when it sits this week.
Work to prepare roadracing circuit next month
Work on one of the Island's roadracing circuits will mean temporary speed limits next month.
