He explains TT World Series costs

Economic Development Minister Laurence Skelly says there are no more bills left to pay for the scrapped TT World Series.

Yesterday in Tynwald he revealed the project had cost £332,000 – well over £50,000 more than a figure he gave in the House of Keys at the end of October.

Answering that question from North Douglas MHK John Houghton, Mr Skelly said his department had spent £276,000.

So how does he explain the difference?