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The MEA has today released an update of electricity charges that will apply from 1 September 2008 for domestic and commercial customers.

As agreed in Tynwald in June 2005, an increase of 16.32% is now due to be applied to all unit charges which comprises of Inflation (as at June 2008) plus 2.0%, in addition to a fuel cost adjustment of 1p per unit.

Chairman, Quintin Gill MHK said, “No one can be surprised at the requirement to increase the tariffs during these unprecedented times of global fuel increases.

We are always mindful that we have a duty to provide electricity and we are very aware of the burden this price increase may place on our customers; we will continue with our work to maintain the most efficient service possible in the challenging times ahead.”

A Great Competition here, what are your thoughts should more companies adopt such an approach?

2e2, one of the fastest growing IT companies in Europe is looking to recruit the 2e2 Newbury Apprentice 2008 to sit on its board of top executives. The successful candidate will receive a years tuition fees paid by 2e2 and a chance to be mentored by some of the UK’s most successful business people.

* Can businesses use social networking, wikis, mash-ups, RSS and other technologies to gain real productivity benefits, greater efficiencies and competitive advantage?

Castletown-based life company, Friends Provident International Limited (FPIL), is this year celebrating 30 years in the Isle of Man; a virtually unrivalled track record within the Island’s life assurance sector.

Since its humble beginnings in 1978, the company has operated under four different names, has occupied six offices - all in the south of the Island - and has provided investment solutions for over 100,000 policyholders worldwide.

FPIL has seen changes in tax rules, changes in parent groups, the development from hanging files to the internet revolution and the launches of products, funds and successful relationships. It has seen the Isle of Man rise to the status of a premier financial centre, as well as a range of global shifts, crises and triumphs.

A new look, improved services and an increasing number of jobs being advertised – and all with the same high level of dedication to helping each individual find the job that is right for them. That is the message from The JobCentre, which will be officially re-launched at a ceremony on Monday 30 June.

The refurbishment of The JobCentre on Prospect Hill, Douglas, brings with it a more professional and user-friendly service for both clients and employers.

Isle of Man, World class IT services group, Itex, which launched a full service division of the company in the Isle of Man in March, is due to hold its first quarterly breakfast briefing on 26th June at the Sefton Hotel, which is aimed specifically at Technology decision makers and Solution Providers.

The breakfast briefing called ‘Managing SQL Sprawl with HP Polyserve’ is being taken by Nick Coombs, of Hewlett Packard, who is being brought to the Island by Itex for the event, which will include a product demonstration and discussion on how HP’s Polyserve software can reduce server sprawl and improve efficiency through consolidation.

Nick Coombs began his career as a consultant for Hewlett Packard where he worked for six years before becoming the UK Based Systems Integrator at Morse for eight years. He then joined Veritas as a key member of the financial services team before becoming the Sales Manager for PolyServe.