SF says euro should be introduced in the North

Sinn Fein TD Caoimhghin O'Caolain has said the euro should replace the British pound as the official currency in the North of Ireland.

Mr O'Caolain said the use of the single currency throughout the island of Ireland would benefit both businesses and consumers.

"There is a logic in ensuring that the euro is extended to incorporate the six-county area of this island," he said.

"What we have hoped to see develop out of the Good Friday Agreement is an island-wide economy and one of the critical needs that we will have to have in place to accommodate that is a single island-wide currency."