Mr. Fergal O'Brien:

In terms of reputational impact, it could have an effect on any sector of the economy and that is something that concerns us. Decisions on investment into Ireland can be subjective, qualitative or emotive and in some cases, they are not always fully evidence based. That is a risk for us. This is the intangible world we live in where relationships and sentiment matter. That is the reality of global investment. In the business of services, it is much more complex and complicated. It would be far more challenging in the services sector than in the goods sector but those sentiment and investor reputation issues could impact any sector of the economy.