Monday 22 November 2010

£7bn Loan to Ireland

It looks very likely that the UK is about to offer a loan of around £7bn to the Republic of Ireland to help them out of their financial crisis.

I will resist the temptation to draw a parallel between Ireland and an independent Scotland.

It is ironic however that the Con Dem Government, which has been telling us that they inherited such a financial mess from Labour, feels able to lend £7bn to Ireland.

Perhaps things in the UK were not quite as bad as they made out after all?

1 comment:

  1. I notice that The SNP web sight still has this ringing endorsement of the Irish and the good fortune independence brings to their economy. http://www.snp.org/node/256
    Colin

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