Analysts: Exchequer on target but risks ahead

Government tax revenues are on target, but analysts warn fears about the global economy and jitters about the UK staying in the EU could yet disrupt finances in the months ahead.

Tax and spending returns for the first three months showed tax revenues increased more than 6.4% from a year earlier, to more than €11.13bn.

The increase remains above the increase of 5.8% for the whole of 2016 Finance Minister Michael Noonan set as the key target in his budget speech last October.