Irish Examiner view: Bank of England intervention the latest chapter in a worrying tale

The IMF's commentary on the UK is worrying for us all, as any difficulty they go through could have global consequences 

Observers point out that the International Monetary Fund's cautions about the UK's economy were akin to those the IMF issues to emerging markets. Picture: Andrew Harrer/Bloomberg

Readers may feel a shiver when they read about the International Monetary Fund casting a cold eye on affairs in this part of the world.

Just over a decade ago, the IMF sent a team to Dublin, led by Ajai Chopra, to take charge of our financial affairs as the effects of the recession truly hit home; little wonder the arrival of Chopra and co was viewed as a national humiliation, a yielding of our sovereign independence.