Allan Bell responds at State of the Nation seminar

The chief minister has told a major gathering of the finance sector in Douglas that he is "disappointed" by remarks made by a Douglas Councillor on UK television.

In the BBC programme "The Town That Took On the Taxman", Catherine Turner referred to the Island as a "tax haven".

In it, a group from South Wales which was examing how they could avoid paying corporation tax visited the Island.

Mr Bell was addressing the Manx "State of the Nation" seminar which is taking place at the Villa Marina on Friday.

It's been organised by the Alliance of Isle of Man Compliance Professionals.

He said British Prime Minister David Cameron had stated the Island was not a tax haven: