Horse trams on the Isle of Man will no longer be in operation from this year.
The decision to terminate the service, which would have turned 140 this August, was made at a Douglas Council meeting yesterday.
Key factors were the service’s year-on-year deficit, currently running at £263,000, as well as the loan charge to an annual impact on the rates of over £420,000.
A proposal had previously been put forward by the Council to finance the scheme by a 30 year loan, costing £4,800,000 to run. The Council decided that the plans were not financially viable and raised a number of unresolved issues.
The tramway horses will be welcomed into new homes and the rolling stock transported to museums, either on island or in the UK, while the Tramway Terrace/stable site and Strathallan site are to be sold.