Ulster Bank exit is 'not good news for Ireland', says Taoiseach
The Government’s priority is to protect the 2,800 workers affected by the decision, Micheál Martin said.
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The Government’s priority is to protect the 2,800 workers affected by the decision, Micheál Martin said.
The bank will be wound down gradually over the next few years.
Ulster Bank’s long goodbye creates major headaches for policymakers.
The Tánaiste said that discussions are ongoing for further financial support if required.
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A formal announcement is expected on Ulster Bank’s operations in the Republic of Ireland tomorrow.
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