The European Commission is drawing up a multibillion pound aid package for Ireland to offset the economic damage of a no-deal Brexit, The Times reported on Monday

The bloc would "spend whatever was necessary" to support the Irish government through any disruption of trade, The Times said, citing a senior EU diplomat.

The report did not specify the exact the amount of the aid package. Britain is currently due to leave the European Union on October 31. (Reuters)

Source: www.businessworld.ie