Ireland lose out to French again over EU banking agency

Ireland has lost out of hundreds of high-paid jobs, tens of millions of euro in revenue and the chance to fully restore our international financial credibility after losing a European Banking Authority bidding war by the bounce of a ball.

The Government’s attempt to ensure the lucrative European banking watchdog is based in Ireland after Britain leaves the EU fell at the final hurdle last night in a bizarre Brussels system after a tied final round vote.

As part of the Brexit fallout, London-based EU agencies are being re-located to remaining member states.