GOVERNMENT policy to retain a 25% stake in Aer Lingus is a recipe for disaster, the company’s former chief executive Willie Walsh warned yesterday.

BUSINESS leaders are furious at the Government over complaints of rip-off Ireland and believe the State should take its share of the blame.

AS many as 25,000 businesses will not exist in 10 years time unless they become much more competitive, the Chambers of Commerce of Ireland warned yesterday.