Thursday 22 February 2018

Thomas Molloy: Whatever happens, the era of lax rules is coming to an end

A probe into how successive Irish governments have managed to attract and retain foreign direct investment has the potential to send the country's economy into a tailspin.

Of course, there is no reason to believe that this informal probe will find against us; multinationals come to Ireland for all sorts of reasons including our reasonably well-educated workforce, the English language and a common law system that appeals to many companies.

Our low 12.5pc corporation tax, which is not being investigated, is also a draw.

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