25 July 2026
PO Box 986 Douglas Isle of Man IM99 2TB
Isle of Man News

‘New Era of Opportunity’ for Island

The Liverpool Ferry Terminal went tens of millions of pounds over budget

Chief Minister, Alfred Cannan has said that an agreement that was signed today would help usher in a new era of opportunity for the island.

Today, a landmark agreement between Liverpool City Region and the Isle of Man was signed, signalling an era of increased cooperation between the regions.

The joint commitment pledges that the Isle of Man and Liverpool City Region will improve the prosperity and wellbeing of their communities ‘through further strengthening our economic, cultural, and political ties’.

Memorandum of Understanding

Government says that the Memorandum of Understanding between the government, Liverpool City Council, and Liverpool City Region Combined Authority, is a “major step forward in forging new opportunities for growth and development” in areas including: 

  • Economic opportunities
  • Tourism and cultural cooperation
  • Transport connections
  • Health and public services
  • Infrastructure, energy and net zero

‘New Era of Opportunity’

Chief Minister, Alfred Cannan said the agreement would help usher in a new era of opportunity.

He said: “The Isle of Man and Liverpool have deep and historic ties of mutual cooperation. I am delighted to sign this Memorandum of Understanding with our neighbours across the Irish Sea to forge new opportunities for growth and collaboration between our two regions.

“Our investment in the new ferry terminal in the city is our biggest single investment in the UK, ever, and has been a catalyst for these discussions. The significance of us signing the agreement in the new ferry terminal should not be lost, it is a clear commitment to how important the connection between the two regions is. 

“The Isle of Man and Liverpool have been connected via the Isle of Man Steam Packet Company – the oldest continuously running ferry company in the world – which has seen the continuous movement of people, goods and ideas across the Irish Sea – for business, education, sport, tourism or visiting family and friends – for two centuries.

Chief Minister, Alfred Cannan.

“The signing of this MoU is a clear statement from both administrations that forging closer economic ties is a strategic priority and one which offers mutual benefits.

“But the opportunities for both regions go beyond the economic benefits of business collaboration and the opportunity for the wider sharing and cooperation on public services will have positive impacts for our communities. 

“I look forward to continuing to work closely with colleagues to realise the potential that this exciting partnership will offer.”

Chief Minister, Alfred Cannan.

The MoU will include an annual conference between partners, alternating between the Isle of Man and Liverpool as hosts, and will be reviewed regularly and ‘expanded where possible’ to further enhance cooperation.

Charlie Morrey is a Broadcast & Multi Media Journalist for Manx.News and also is a Presenter on Energy FM. Charlie has previously written for Isle of Man Newspapers, magazines and also started her broadcasting career with Manx Radio.

9 Comments

Leave a Reply