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    Manx Radio reports annual loss

    Manx Radio has made a financial loss for the third year in a row.

    Its annual report for 2017/18 highlighted the loss of almost £38,000.

    However, it's an improvement on the previous year which saw the broadcaster £82,406 in the red.

    The annual report also revealed station bosses have cut running costs by 5 per cent.

    Manx Radio currently receives an £875,000 subvention from the Manx government, and the annual report will be laid before Tynwald later this month.

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