An Irish collapse could cost the UK £10bn

It has been calculated that if the Irish Economy does collapse, as leading Irish economist Professor Morgan Kelly warned last week, the cost to the UK could be as much as £10bn. The Irish Government is in talks with the EU about a £70bn recovery package, of which the UK would be expected to pay [...]

Could Ireland be about to follow Greece?

The leading Irish economist, Professor Morgan Kelly, is suggesting that Ireland might be forced into a Greek style bankruptcy bailout because of its ailing banking system. There is a £60bn ‘black hole’ in its finances and the opposition are saying that they will not support the upcoming budget at they feel that the measures are [...]



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