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A comprehensive round-up of the latest business news covering all sectors within the Isle of Man’s diverse and dynamic business environment. PREMIER INN DEVELOPMENT PROGRESSING WELL Construction is now well underway at the Premier Inn development on Market Street, Douglas, with foundations of the building due to be finished within the next month. Once complete, structural steelwork will commence up to the first floor level, followed by the construction of the upper floors in traditional masonry and concrete. To enable the next construction phase, Market Street will close for a period of approximately 28 weeks from Monday 2nd April, from the rear of TK Maxx to the rear entrance of Marks and Spencer’s, with access to Marks and Spencer’s via the Market Street entrance maintained. Contract Manager at Dandara Len Arnold said: ‘The development is progressing well and structural steelwork will commence once the foundations are complete.  ‘As members of the Considerate Constructors Scheme, we are liaising closely with site neighbours, hauliers and suppliers to ensure that every effort is made to minimise disruption to businesses and residents in the area.’ The 85-bedroom hotel, which will spread across five floors, will include a restaurant and bar, and is due for completion in Spring 2019. We’ve always been by your side Celebrating 30 years of private banking and unwavering client service excellence in the Isle of Man. For a multi-award-winning approach, phone 645000 or visit WWW.NEDBANKPRIVATEWEALTH.COM ISLE OF MAN |  JERSEY  | UNITED KINGDOM  |  UNITED ARAB EMIRATES  |  SOUTH AFRICA Nedbank Private Wealth is a registered trade name of Nedbank Private Wealth Limited. Nedbank Private Wealth Limited is licensed by the Isle of Man Financial Services Authority. Registered office: St Mary’s Court 20 Hill Street Douglas Isle of Man. | 5