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Currently
BBC Radio 4
27 episodes
22 hours ago

Reactive features from Radio 4, exploring what's really happening behind the headlines and unearthing untold stories, both at home and abroad.

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Politics
History,
News
RSS
All content for Currently is the property of BBC Radio 4 and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Reactive features from Radio 4, exploring what's really happening behind the headlines and unearthing untold stories, both at home and abroad.

Show more...
Politics
History,
News
https://is1-ssl.mzstatic.com/image/thumb/Podcasts211/v4/b0/1f/e1/b01fe138-77e4-e272-8119-bf6accb6aed1/mza_7849777160583725787.jpg/600x600bb.jpg
Ireland's Pot of Gold
Currently
28 minutes
4 months ago
Ireland's Pot of Gold

As the UK Treasury grapples with a massive financial ‘black hole’, its once impoverished neighbour, the Irish Republic, is grappling with the dilemma of how to spend a bounty of €14bn.

It’s a 'pot of gold' which the Irish government didn’t expect – and surprisingly didn't want - but was eventually forced to accept by a European Court ruling that the mighty US corporation, Apple, had underpaid taxes on its extensive Irish-based operations. Added to a mighty windfall from other companies, taking advantage of its low corporate tax policies, Ireland is now one of the richest countries in the European Union.

Dublin's River Liffey waterfront, once a depressed, neglected area, has been transformed into 'Silicon Docks’, a gleaming hub of high rise offices, housing American tech giants including Google, Meta, Airbnb and Docusign.

While other western economies haved struggled and stagnated Ireland has attracted new, dynamic American firms. It's estimated that 700 multinational tech and pharmaceutical companies have bases across Ireland, employing more than 150,000 people. Politically, the country may be tied to Europe but economically it straddles both sides of the Atlantic.

Despite these riches, Ireland has a severe housing crisis, a crumbling health system, weak transport and energy infrastructures and a myriad of other demands on the public purse. While the politicians argue over how the money should best be spent there are growing concerns that Donald Trump's arrival in The White House, could bring these lucrative tax benefits to an end.

For a country so dependent on global trade and the American multi-nationals in particular, it's a moment of serious economic jeopardy, as the BBC's Ireland correspondent, Chris Page, reports.

Presenter: Chris Page, BBC Ireland Correspondent Producers: Kathleen Carragher and John Deering Sound Engineer: Kris McConnachie

Currently

Reactive features from Radio 4, exploring what's really happening behind the headlines and unearthing untold stories, both at home and abroad.