Dáil debates

Wednesday, 17 December 2008

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage

 

6:00 pm

Photo of Brian Lenihan JnrBrian 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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