‘In Britain’s interest’ to help Ireland

THE British chancellor George Osborne said he has offered to help out Ireland with a bi-lateral loan to the country as it would be in Britain’s national interest.

He has already had discussions with Finance Minister Brian Lenihan, including during yesterday’s meeting of EU finance ministers in Brussels.

A spokesperson for the Minister said Britain had certain concerns about Ireland’s economy given that they are a net exporter to the country. They are also worried about the effect on Northern Ireland’s economy, he added.