‘Cavan’s fortunes have risen and fallen in tandem with those of Seán Quinn’

THE first day of May might be the traditional day of honouring workers and their labour across the world but the mood for celebrating Mayday will be sadly lacking in Cavan this year.

Yesterday, the worst fears of Quinn Insurance employees were confirmed when the company’s administrators announced 900 voluntary redundancies would be sought from the 2,450-strong workforce.

The feeling in Cavan will be replicated in several other parts of the Republic as well as in the North and Britain.