New government to tap 'strong growth bounty' after election

A new government after the election is likely to have access to a bounty of rising revenues as the Brexit clouds lift, new forecasts from broker Davy suggest.

Its chief economist Conall Mac Coille significantly raised his GDP growth forecasts for 2019 to 6.2% from 5% in an earlier forecast, and projects growth of 5.5% this year, up from over 4% previously.