Britain ban ‘costing Quinn €1.5m a day’

EMBATTLED Quinn Insurance is losing up to €1.5 million a day over the ban on writing new business in Britain, workers claim.

Employees said a business plan to resume trading was submitted to Ireland’s Financial Regulator last Thursday but the restriction has not been lifted.

The workers are planning a rally at the regulator’s office in Dublin on Friday, claiming the ban is not sustainable for the company or the country.