Pandemic poised to leave lasting scars on Irish economy

It seems likely that Irish tourist spots such as Dún Aengus will have to increasingly reply on British and mainland European visitors

Dan White

As nations throughout the world struggle to limit the spread of Covid-19, they are subjecting their citizens and economies to restrictions that would have been inconceivable only a few weeks ago.

The economic impact of the pandemic is likely to be devastating. Goldman Sachs is predicting that the US economy will shrink by 24pc on an annualised basis in the second quarter.