Taoiseach Moves To Allay Fears Of Recession Amid Brexit Uncertainty

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The Taoiseach has moved to allay fears of another recession amid ongoing uncertainty over Brexit.

Leo Varadkar has been commenting in the Dáil after a vote of no confidence in British Prime Minister Theresa May has been triggered.

Her future will be decided tonight, as the future of Brexit is being debated in parliaments on both sides of the Irish sea this afternoon


Clare FM’s Gavin Grace reports:

Theresa May is fighting for her political future this lunchtime.

After a heave was launched against her, a vote of Tory MPs takes place this evening.

The British Prime Minister is being criticised for her move to delay a key Brexit vote that was to have been taken in the House last night.

Former minister Owen Paterson says the measure aimed at avoiding a hard border in Ireland is what forced him to send his letter of no confidence.

And it’s not just within her party that she’s being criticised

In the House of Commons this lunchtime, Labour Leader Jeremy Corbyn said people are frustrated with her government.

Jeremy Corbyn also challenged Mrs May to rule out a no-deal situation.

Theresa May says agreeing a deal is the best way to achieve that.

Here meanwhile, the Taoiseach has been addressing Brexit during Leaders’ Questions in the Dáil and has moved to reassure that another recession is unlikely.

The Fianna Fail leader Micheal Martin has raised concern about how prepared business is for a no-deal business.

But Leo Varadkar says he’ doesn’t think a withdrawl deal is dead in the water just yet.

He’s quoted an ESRI report published today which predicts growth in the Irish economy next year, no matter what on Brexit.

The result of the confidence vote is expected at 9 o’clock tonight and Teresa May will need more than half of the 318 MPs to back her to remain in office.

She has received enough public backing to win this, it seems, but the ballot is a secret one.