Our Strategic Priorities for 2025/2026
1. Economic Growth
The Island still lacks a bold, coordinated growth plan. A clear 10-year economic vision is essential - one that transcends political cycles, provides continuity, and gives businesses and investors the confidence to commit.
Chamber Calls For:
A long-term economic growth strategy focused on innovation, private capital, real enterprise, and entrepreneurial culture across public and private sectors with timely economic data so we can see what is being achieved.
Regulatory reform that eliminates delay, removes uncertainty, and creates a credible, investable business environment that opens the door to investment.
The need for a full review of DFE and how it supports real economic growth Incentives that reward the creation of quality jobs, export capability, improve productivity and new sources of national revenue.
We support an Entrepreneurial Mindset across Government and business
2. Focused & Efficient Government
Government must become leaner, faster, and more focused. The current model is too slow, too fragmented, and too expensive to sustain.
Chamber Calls For:
A move toward a unified government with a modern structure with cross-departmental authority and fewer internal silos.
Rapid reform to achieve a unified Government (including introducing the single legal entity) with a culture that rewards positive change.
A managed reduction in government headcount and duplication through structural redesign, not attrition alone.
A digital transformation programme focused on improving services and reducing spending.
Consolidation and reform of local authorities to eliminate overlap and improve delivery.
3. Skills, Talent & Work Readiness
Businesses cannot hire the people they need. The Island must invest now in the skills, pathways, and immigration policies that unlock human capital.
Chamber Calls For:
A central Isle of Man Apprenticeship & Skills Hub, matching training supply to actual demand, driven by demand-side data and employer-led pathways.
Tax credits and grants for businesses that upskill staff in future-critical roles.
Development of a world-leading primary and secondary education system producing talented individuals equipped to enter both the Isle of Man and global marketplace
A national talent attraction and development strategy (health, housing and education) - to retain our brightest, attract back Manx professionals, and welcome skilled newcomers
A mindset shift across the Island to value lifelong learning, adaptability, and enterprise.
4. Housing as an Economic Enabler
The housing crisis is not just a social issue - it is a business issue. Without affordable, accessible housing, we cannot grow our workforce or keep our talent.
Chamber Calls For:
- Review all schemes that can enhance the ability of residents to achieve property ownership.
- Rapid delivery of affordable housing through planning reform and performance based incentives.
- Policies that prioritise homes for economically active residents and essential workers.
5. Taxation & Fiscal Sustainability
Our tax system must support growth, reward contribution, and reflect the real pressures on families and business owners alike.
Chamber Calls For:
- A strategic review of the tax cap to make the Island more attractive to high-value investors and residents.
- A fair, transparent tax framework that rewards enterprise, not penalises it, with business impact tests built in.
- Fiscal policy to be tested against its impact on business confidence, competitiveness economic growth, and household sustainability
A Thematic Goal - A Platform for Institutional Investment
The Isle of Man must become a magnet for long-term, institutional investment in infrastructure and innovation. This will not happen by accident. Government must use its superpowers - the ability to legislate quickly, operate outside convention, and embrace risk - to set the conditions for investment to flow.
We must:
Position ourselves as a credible, investable jurisdiction for large-scale, global capital.
Tackle the systemic delays, overlaps, and legacy behaviours that deter modern investors.
Embrace our offshore strengths - regulatory flexibility, legislative agility, and global access - and use them boldly.
Next Steps
The next 18 months are critical. We request Government adopts these priorities without delay.
We will hold Government to account - but we will also collaborate and support on delivery.
We invite collaboration across the business community and political leadership to drive systemic change and maximise impact.
We believe that a successful economy needs more than tax breaks - it needs housing, education, health, and trust in Government.
We are committed to breaking down real barriers to business: over-regulation, digital delays, immigration friction, and outdated planning systems.
We will not settle for incremental change where transformation is required.
We will continue to consult and represent our members with data, insight, and practical solutions.
We will deliver consistent messaging on behalf of our members across all platforms — amplifying our voice through repetition and reinforcement to drive change.