Dáil debates
Wednesday, 17 December 2008
Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage
6:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
The widening differential between sterling and the euro is the fundamental reason people are travelling to shop in Northern Ireland. I never appealed to people's sense of patriotism in order to encourage them to shop at home. However, I have stated that if they shop at home, they will support their local economy and tax base. I have never made any secret of that. The euro-sterling differential is the major factor responsible for the shopping crusade to Northern Ireland. A second factor, which Deputy Burton acknowledged, is the variable pricing policies employed by the UK multiples.
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