Lowry: I’ll hold on to UK site until it realises full value

Shamed former minister Michael Lowry has admitted owning undeclared land in England and said he is prepared to sit on the speculative investment until it realises its full value.

The Independent TD is obliged to declare to the Oireachtas an interest in any land worth over €13,000.

However, he said his 50% stake in a 25-acre site alongside the main motorway junction outside Wigan is currently “valueless”.