Bank of England governor Mark Carney has said a transition agreement for EU withdrawal is in everyone’s interest and said it may be appropriate to raise interest rates as Brexit-fuelled inflation is set to rise further.

New Central Bank governor Philip Lane is facing mounting unrest among the bank’s workforce just a week into his tenure after staff overwhelmingly endorsed a motion of no confidence in the bank’s senior management. 

The Finance Minister Michael Noonan is denying he had a row with the Public Expenditure Minister Brendan Howlin over the appointment of a new Governor for the Central Bank.

Central Bank governor Patrick Honohan made his infamous call to RTE revealing Ireland was entering a bailout to calm "alarm" and help the country - despite claims he did so to "undermine" the Government's position and help a de facto ECB "financial coup d-etat".

WHAT would you give a man who has been secretary general of three government departments, including the Department of Finance, a man who in local bureaucratic terms has had everything?