The State’s spending watchdog questions whether Ireland’s €38m postcode system will be value for money, and raises concerns with a number of aspects of its introduction.

The State’s new postcode will not deliver the value for money when it is launched next month, a senator and professor of economics at Trinity College has warned.

The European Commission has described Ireland’s response to its findings on the flawed Eircode tendering process as “unclear” and “not satisfactory”.