Finance Minister Paschal Donohoe reveals how much he'll have to spend in Budget

This will give him plenty of scope for vote-winning initiatives ahead of the General Election next year.The package will see €2.8billion available for spending, tax cuts or both in October.

This leaves €700million for Mr Donohoe, but the elephant in the TK Whitaker Room in the Department of Finance yesterday was Brexit. Political opponents of the Government last night said Mr Donohoe hasn’t taken enough precautions in case of a hard Brexit.

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Finance Minister leaves room for manoeuvrePaschal Donohoe is going for one Budget and hoping he can read the lie of the land in advance of Brexit, writes Political Editor David Murphy. Famous last words of a clueless government.... FG under Garret Fitzgerald doubled the national debt in the space of a few years - is history going to repeat itself ?
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