When the British government announced that it was closing a tax loophole long used to finance big-budget movies being shot in the UK, industry observers warned that it would spell the death of the nation’s film industry. And indeed, movie production has ground to a virtual halt since the loophole closed. But on the tiny Isle of Man (seen by countless American moviegoers when it stood in for Ireland in Waking Ned Devine), two films are ready to roll, thanks to new subsidies from the island’s own film commission. It may not be the saving grace of the entire UK industry, says David Gritten, but it’s a start.