Gaybo still works because he needs the money

Gay Byrne has said he will continue to work for as long as he is able to — because he needs the money.

The veteran broadcaster was one of the more prominent victims of the banking crisis, having invested heavily in Anglo Irish bank shares.

About 13 years after bowing out of The Late Late Show and his long-running RTÉ radio show, the 78-year-old said he was still financially comfortable enough to retire — but would remain working.