IDA Ireland is in the process of developing that new plan and it may involve fewer jobs actually being created into the future - fewer higher quality jobs that is. FDI companies paid out €11.7bn in payroll in 2017, up from €10.9bn in 2016. In 2008, 36.1pc of FDI jobs were in Dublin, according to the Forfas Annual Employment Survey for that year. Irish companies have failed in the past to maximise the opportunity of having such a wealth of blue chip global companies on their doorstep. It highlights the upside potential for Bank of Ireland (UK presence), Dalata Hotel Group (UK presence), ICG (UK dimension) and Grafton Group (UK contributes 70pc of group revenues).

Source: Irish Independent January 06, 2019 18:00 UTC