The IDA regard it as a coup and every tourism organisation in the country is delighted.

The IBEC group PharmaChemical Ireland has highlighted Ireland’s enduring appeal as a foreign investment location at an event in the Irish embassy in Washington DC.

IRELAND and Britain agree that each country in the EU had the right to set their own rates of corporation tax, Tánaiste and Minister for Foreign Affairs and Trade, Eamon Gilmore, made clear yesterday.