Higgins praised people for their sacrifices

Irish people will be paying for the mistakes of the financial crash for generations to come, President Michael D Higgins has warned in a speech to London’s business elite.

In a keynote address to 750 guests at London’s historic Guildhall, Mr Higgins praised the sacrifices made by people at home.

“It is the ordinary people of Ireland, and generations yet to come, who have borne, and continue to bear, the cost of the painful decisions that have been taken, aimed at stabilising the public finances and reducing the astounding levels of public debt incurred from rescuing our banks.