Sterling disparity ‘costing jobs’

THE currency crisis is costing thousands of jobs and putting the viability of Ireland’s export-dependent agri-food sector under threat, according to a report launched in Dublin yesterday.

Key messages from the recent economic and agri-food industry leaders in Dublin have been incorporated into the report by the Irish Management Institute.

The report, which is to be presented to the Government, identified the 30% depreciation of sterling against the euro as a significant threat to the economy,