Coalition in crisis over tax reforms

Deepening divisions are emerging in the weakened Coalition because of disagreements on banking matters and tax reform.

The contentious issues of whether or not junior Anglo bondholders will be paid and retaining the universal social charge are driving a wedge between Labour and Fine Gael.

The cracks in the Coalition come at a time when support for the two parties is at an all-time low and as it faces a de facto referendum this week with another mass water charge protest.