Founding member Eddie Hobbs quits Renua

Financial guru Eddie Hobbs is reported to have quit Renua, the party that failed to secure a single seat in the last general election.

Mr Hobbs, who founded Renua along with former minister Lucinda Creighton, is reported to have said that it needs to reposition itself as a liberal democrat party.

The party’s survival is now in serious doubt with no Oireachtas representation.