Donohoe monitoring impact of Tory leadership race on Irish economy

Finance Minister says changes in Britain's economy can have an effect on Ireland's national economic prospects

Rishi Sunak and Liz Truss will learn on Friday which of them will become the new leader of the British Conservative Party. The winner, tipped to be Ms Truss, will take over as prime minister from Boris Johnson. Picture: Stefan Rousseau/PA

The Finance Minister says that he is "closely monitoring" the British Conservative Party leadership race in case it impacts the Irish economy.

The ballot of Conservative Party members closes on Friday, with the winner to be announced on September 5. Liz Truss is tipped to beat Rishi Sunak to become successor to Boris Johnson as party leader and UK prime minister.