Tánaiste warns of a cautious ‘no-deal Brexit budget’

Today’s budget will be a ‘no-deal Brexit budget” with “modest increases” in anticipation of the “worst possible outcome” from the Brexit negotiations, the Tánaiste has warned.

Simon Coveney said the cautious approach they would take — despite an economy growing at a rate of 6% per annum and with almost full employment — was on foot of concerns that the Irish economy will grind to a halt next year should the UK crash out of Europe.