Ireland has been an attractive location for the payment and e-money and funds sectors. We saw a 138 per cent increase in the number of payment and e-money firms between 2018 and 2021. We have the third largest funds sector in the world.
In the six months after Lehman, the worst affected sector – industry – suffered only 900,000 job losses. And third, these job losses hurt socio-economic groups unevenly.