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Andrew Milligan/PA Archive

Tesco has been handed another beating in the supermarket wars

But the CEO is happy because at least sales are falling more slowly.

DESPITE THE POSITIVE noises from its head about business starting to turn around, Tesco has had another forgettable six months of trade in Ireland.

The supermarket giant, which remains the biggest chain in the Republic, had its operating profits from all territories drop more than 50% over the half-year to late August for a return of £354 million (€481 million).

Results out today showed the plunge in profits for the UK and Ireland was even more severe – down almost 70%.

The falling value of the euro against the pound delivered large slides in Tesco’s total sales in both the Republic and mainland Europe, but even a direct comparison revealed the company continued to lose trade.

Tesco4 Tesco Tesco

Click here for a larger version

Like-for-like sales in Ireland fell 3.7% for the first half-year when compared to the same period in 2014, the worst performance of any territory for which the company breaks out figures.

That compares to a 6.9% drop during the second half of its last financial year, indicating the grocery chain had at least been able to slow the rate of sales decline.

Tesco2 Tesco Tesco

Click here for a larger version

Sustained improvement

The latest survey figures from Kantar Worldpanel Ireland backed up the trend, showing Tesco enjoying its first increase in sales over a 12-week period since March 2013.

CEO Dave Lewis said the company had “delivered an unprecedented level of change” over the past 12 months .

The first half results show sustained improvement across a broad range of key indicators,” he said.

The company also said it had made a “significant investment” in Ireland to make sure its customers got the most competitive offering possible.

Tesco5 Tesco CEO Dave Lewis YouTube YouTube

Tesco has been suffering amid fierce competition from rivals, particularly the rapid rise of German discount chains Lidl and Aldi in Ireland, and the continued fallout from an accounting scandal.

Earlier this year it also recorded its biggest-ever loss after colossal write-downs on the values of its property portfolio and Chinese operations.

Meanwhile, the company revealed in May that it was axeing its Christmas bonus for thousands of Irish staff on the back of a poor local performance.

READ: Coca-Cola now has to tell you that Vitamin Water isn’t as healthy as it claimed >

READ: Richard Branson is no stranger to mad publicity stunts. Here are some of his best ones >

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27 Comments
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    Mute Myk_Oval_Balls_nRyt
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    Aug 27th 2015, 1:21 PM

    How did he manage to be allowed into Ireland is an even better question that MUST be answered…

    385
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    Mute Beachmaster
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    Aug 27th 2015, 1:23 PM

    Probably traveled to Northern Ireland and then took a trip down south.

    269
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    Mute Joey Gee
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    Aug 27th 2015, 2:11 PM

    Agree, in my experience it is more difficult for an Irish national to board a boat from Scotland to Ireland than a foreign national.

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    Mute Beachmaster
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    Aug 27th 2015, 1:19 PM

    Good to see both countries’ border controls doing such a stand up job.

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    Mute Paul Roche
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    Aug 27th 2015, 5:51 PM

    It’s a common travel area.
    There are no border controls.

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    Mute Beachmaster
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    Aug 27th 2015, 6:14 PM

    That only applies to Irish and UK citizens. The article states his nationality as Pakistani.

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    Mute Paul Roche
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    Aug 27th 2015, 6:44 PM

    How can a common travel area apply only to citizens of the common travel area? Are you suggesting there are border controls in place?
    Try driving Dublin to Belfast, there are cameras, but they saved on the speed limit sign until you get to Banbridge.

    23
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    Mute Beachmaster
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    Aug 27th 2015, 6:52 PM

    Well I don’t think he swam from Scotland to Ireland, so he should have been picked up at his exit point. There was a warrant out for his arrest at that time. The ball was dropped. Let’s learn from it

    77
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    Mute Main Shaitid
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    Aug 27th 2015, 7:07 PM

    On the way to Dublinabad, any would-be guides?

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    Mute Main Shaitid
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    Aug 27th 2015, 7:23 PM

    Hey

    1
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    Mute RealNewsÉire
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    Aug 27th 2015, 10:36 PM

    Well whether or not there are border controls, that is a moot point, the real point is, there should be.

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    Mute Sandra Lysaght
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    Aug 27th 2015, 11:49 PM

    Totally agree beachmaster

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    Mute Mikeconnor
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    Aug 27th 2015, 1:17 PM

    a long nose pliers would sort this sc^mbag

    221
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    Mute RealNewsÉire
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    Aug 27th 2015, 1:48 PM

    Securing our borders and stopping mass-immigration would work even better making sure scu**m would not be here in the first place. But I guess looking after the children of this island….dat be racist.

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    Mute Mark Damme
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    Aug 27th 2015, 5:43 PM

    Mass immigration is in between the EU countries by the EU nationals itself. As far as this knacker is concerned I hope someone cuts his thing between his legs so he can never sexually assault anyone again.

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    Mute RealNewsÉire
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    Aug 27th 2015, 10:34 PM

    Eh no Mark, have a look at the numbers of Africans and Asians entering Europe, it is in the 100s of 1000s, that is not only mass-immigration, it is a flood.

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    Mute Michael O'connor
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    Aug 27th 2015, 11:16 PM

    yes you are right all rapists are foreigners. there are no irish rapists. and you are rigjt about something else – you are racist. ill tell you what im right about ‘realnews’. picking on foreign people and blaming them for everything isnt just racist. its also deluded. while you go on about foreigners the native capitalist class are screwing us over. but then i see that you are a supporter of the fascist trash in golden dawn. illgive golden dawn one thing. they at least expresd their odious opinions in public. you hide behind a false name. your patriotism is seriously misguided. irish patriotism has no room for fascist garbage.

    19
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    Mute RealNewsÉire
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    Aug 27th 2015, 11:27 PM

    M O Connor, every country produces it’s own criminals, that is for us to sort that out. However by having mass-immigration, you are introducing a new source of crime. Every single rape or murder done by a foreigner is a crime, or an Irish victim who would never have been a victim or been raped or now dead, because if we had secure borders like we used to, they would never have been allowed into the country. You complete and utter dope.

    48
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    Mute Mark Damme
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    Aug 27th 2015, 11:38 PM

    Realnewseire so the mass immigration is the word used only for Asians and Africans and not the Europeans. The vast majority of criminals in Ireland are from the European union. Thousands of eastern Europeans wanted for rape and even murder are on the run from their native Governments and are living in Ireland. It’s not fair when one pair of odd balls from Asia does a crime and his/her whole country is abused on the news then while the EU nationals get away with murder. Remember it’s the EU nationals that are entitled to every single benefit in Ireland when they land in on these shores. The non EU have to work for more than 5 years and making more than 30k to avail any benefits. Look up the PPS numbers issued on the Web until today and u will find out which nationality is issued with how many of these.

    17
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    Mute RealNewsÉire
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    Aug 28th 2015, 12:20 AM

    No, you said Mass immigration is in between the EU countries by the EU nationals itself. I commented that there is a flood of Africans and Asians also invading Europe, which shows that mass-immigration is not only about other Europeans coming here, but also Africans and Asians, read comments properly, and interpret them properly too.

    23
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    Mute Michael O'connor
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    Aug 28th 2015, 12:27 AM

    we dont have ‘mass immigration’ we have a system regulated by law in compliance with eu directives. while you dream of a lovely white future the rest of us live in the real world and recognise our common humanity with others. your posts are nor ‘realnews. they are the tired racist old rubbish your right wing frients in ukip have been banging on for years about. blame the foreigners. lowest level you can sink.

    12
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    Mute John Burke
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    Aug 28th 2015, 7:27 AM

    Michael, you are deluded and should be ignored utterly.

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    Mute Rebel Rebel
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    Aug 27th 2015, 1:46 PM

    Another multiculturalism success story! “No Borders” indeed.

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    Mute Benson Hallahan
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    Aug 27th 2015, 2:38 PM

    What has this got to do with multiculturalism?

    38
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    Mute RealNewsÉire
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    Aug 27th 2015, 3:35 PM

    Mass-immigration is a deliberate policy forced on all European countries to end the native populations of every European country, as talked about by the elites decades ago and as practiced by the EU commissioners and our govt’s. Multiculturalism is the happy-fuzzy soft deception term used as a descriptive catch-all term for all the policies to do with the population-replacement agenda. And by extension therefore if one is opposed to the warm-fluffy feel-good angelic idea of “multiculturalism” then one is a bad bad person, and thus shunned by all society, so the plan was supposed to go.

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    Mute Matt Beaumont
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    Aug 27th 2015, 7:06 PM

    @Eirenutterfakenewsbollix

    What an idiotic conspiracy theory!

    There is not even a grain of truth to it, where do you find that nonsense?

    The world you live in must truly be a dark and dreadful place unless you take your medication as prescribed of course.
    How a single person can spread so much shite on a single day is really amazing.

    12
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    Mute RealNewsÉire
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    Aug 27th 2015, 10:33 PM

    Matt why so angry? Why still floundering looking for insults to bolster your mutterings? Someone kick you in the intellectual liathroidí, nope, true, you’d have to have intellect for that, and so far, your intellectroidí just haven’t developed yet.

    Anyways apart from the very weird multicultural policies and outright invasion, not only not being stopped but people being ferried to Europe even when in African territorial waters, and the pittance level of repatriation, which one would have thought is proof enough of at the very least odd goings on at political level, then there’s this:

    The Coudenhove-Kalergi Plan – The Genocide Of The People Of Europe

    The Essence Of The Kalergi Plan:
    In his book Practical Idealism
    “The man of the future will be of mixed race. The races and classes of today will gradually disappear due to the elimination of space, time, and prejudice. The Eurasian-negroid race of the future, similar in appearance to the Ancient Egyptians, will replace the diversity of peoples and the diversity of individuals. Instead of destroying European Judaism, Europe, against her will, refined and educated this people, driving them to their future status as a leading nation through this artificial evolutionary process. It’s not surprising that the people that escaped from the Ghetto-Prison, became the spiritual nobility of Europe. Thus, the compassionate care given by Europe created a new breed of aristocrats. This happened when the European feudal aristocracy crashed because of the emancipation of the Jews” [due to the actions taken by the French Revolution] ”
    Kalergi.

    Then there’s our very own ex-goldman Sachs bigwig Peter Sutherland.
    The EU should “do its best to undermine” the “homogeneity” of its member states, the UN’s special representative for migration has said.
    http://www.amren.com/news/2012/06/eu-should-undermine-national-homogeneity-says-un-migration-chief/

    The huge increases in migrants over the last decade were partly due to a politically motivated attempt by ministers to radically change the country and “rub the Right’s nose in diversity”, according to Andrew Neather, a former adviser to Tony Blair, Jack Straw and David Blunkett.
    http://www.telegraph.co.uk/news/uknews/law-and-order/6418456/Labour-wanted-mass-immigration-to-make-UK-more-multicultural-says-former-adviser.html

    and so on and so on.

    33
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    Mute Paudi Onail
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    Aug 28th 2015, 2:47 AM

    have ye read what merkel and hollande have just gone and done? she makes out the dublin deal wasn’t working, so now anyone can claim asylum in any country, doesn’t have to be the first (not that they abided anyway) what wasn’t working was the asylum seekers were breaking the rule, skipping countries. just like that, rule book changed. amazing. i don’t think Britain is going to be too happy about it. This is to take the burden off Germany. If you ask the asylum seekers, they will tell you they want to go to Germany anyway, not Italy or Greece, so Merkel… you’re going to be swamped either way. Thats what happens when you create a rich state, you make it attractive. I hope 10 million hit Germany by next year, bring it on and let it all crumble. Just remember theres no reverse. I bet ye wish Britian was mainland, well it aint and that tunnel is not going to open up to yer problem.

    15
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    Mute Michael O'connor
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    Aug 28th 2015, 11:05 AM

    “end the native populations” real news? you sound like a nazi. is that what you are?

    3
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    Mute Michael O'connor
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    Aug 28th 2015, 11:16 AM

    realnews you actually are sprouting neo nazi ideology. you want to keep the peoples of europe racially pure. fu##ing incredible.

    1
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    Mute Barry Walsh
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    Aug 27th 2015, 1:56 PM

    Ireland is a sitting duck!

    169
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    Mute RealNewsÉire
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    Aug 27th 2015, 1:45 PM

    What was that mantra the far-left, anarchists, ULA, People before Profit, SWP and the anti-racist network loons stopping Identity Ireland from asserting their right to freedom of assembly and expression had…..eh, no nations, no borders. Well that’s working a treat, just keep your kids indoors. Last Pakistani reported for looking at underage girls playing Camogie was in Finglas.

    153
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    Mute RealNewsÉire
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    Aug 27th 2015, 2:08 PM

    Actually he was not “looking” he was caught with his trousers down engaging in a sexual activity in sight of Erin’s Isle GAA club, where a game involving young girls was taking place.

    118
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    Mute Rebel Rebel
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    Aug 27th 2015, 2:18 PM

    RealNewsEire where was this reported it appears the mainstream media have burried that story, I’ve heard nothing about it anyway.

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    Mute Teddy Grundig
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    Aug 27th 2015, 5:37 PM

    Mainstream media & political parties will avoid negative stories about immigrants like the plague if they can. Meanwhile hundreds of advocacy groups, quangos, & NGO’s, are quietly beavering away in the background.

    Then, hey presto, before you know it, your town is like Luton UK and you’re left like, WTF just happened?

    58
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    Mute RealNewsÉire
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    Aug 27th 2015, 1:49 PM

    Because “No Nations, No Borders”

    is enriching !!!

    139
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    Mute Chris
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    Aug 27th 2015, 2:18 PM

    Get the sc-m bag back to the UK and then back to where they come from UK full off them and there all the same dirty rats

    96
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    Mute RealNewsÉire
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    Aug 27th 2015, 3:39 PM

    I think it is about time we started focussing on all the people especially the government liars who promoted this invasion, putting our people in harm’s way, the media hacks who promoted, supported, lied, condescended, censored and brainwashed the public, the open-border extremists like ULA, People before Profit, RSF, SF, Éirigí, European Network Against Racism, Migrant Rights Centre, Immigrant Council of Ireland and other NGO’s who all have the blood of Irish people on their hands for supporting and pushing this criminal policy on our people.

    88
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    Mute Matt Beaumont
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    Aug 27th 2015, 7:00 PM

    More BS propaganda from our homegrown right wing nuts!

    I know I said elsewhere I’ll let it be but your brainwashed ramblings are just too stupid to let it go!

    Who rammed all that right wing nonsense down your throat that your spreading here like a parrot?

    14
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    Mute RealNewsÉire
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    Aug 27th 2015, 11:29 PM

    Still no facts or stats then Matt, pure class, Matt keep chuggin’

    20
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    Mute Barry Walsh
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    Aug 27th 2015, 2:15 PM

    Net migration to Britain hit a record high of 330,000 last year, official figures have revealed.

    Despite the Government’s pledge to cut net migration – the number of migrants arriving in the country minus those leaving – to “tens of thousands” it actually rose by 94,000 in a year, said the Office for National Statistics (ONS).

    85
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    Mute RealNewsÉire
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    Aug 27th 2015, 3:44 PM

    And they can all come here if they choose, and once they have UK citizenship, they are then classed as Brits in our census, nevermind they might have completely different cultural values, the kind of values that saw 1400 young white British native girls in the town of Rotherham gang-raped by Pakistanis, another 400 in Oxfordshire, another 500 in Newcastle, all supported by the immigration and multicultural supporters, open-border extremists in the UK.

    119
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    Mute RealNewsÉire
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    Aug 27th 2015, 2:07 PM

    We already have these guys here targeting our youth, photos were on fb taken by Finglas residents
    http://www.sundayworld.com/news/news/finglas-residents-claim-man-was-exposing-himself-near-gaa-club

    79
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    Mute Ian T
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    Aug 27th 2015, 3:46 PM

    I hope he gets a severe beating before the cops find him

    74
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    Mute fixxxation
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    Aug 27th 2015, 6:54 PM

    Hope they catch him, castrate him and then get this filthy bstard out of Ireland.

    46
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    Mute Tap Solny
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    Aug 27th 2015, 2:11 PM

    Did he not hear of the ‘party’ that protects sex offenders.

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    Mute Joey Gee
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    Aug 27th 2015, 2:14 PM
    52
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    Mute Old Gordon
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    Aug 27th 2015, 2:15 PM

    It’s kind of disturbing that the same party advocates an open border policy which is a total antithesis to their core demographic.

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    Mute Seamus Banna
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    Aug 27th 2015, 3:11 PM

    I presume Tony that you are talking of successive FG/Lab,FG and PD governments that collided, ignored and covered up church and institutional child abuse over the years. No party in Ireland can claim the moral high ground when it comes to sexual abuse.

    31
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    Mute Aşk Aşk Beni Bulur
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    Aug 27th 2015, 4:32 PM

    Of course this story is going to be justified for closed borders and other idiocy, it must be great to find a story to justify your stupidity. Criminals can travel wherever they want regardless of border controls, criminals on the run usually have fake I.D’s that look official, and who’s to say that he didn’t do that?

    18
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    Mute RealNewsÉire
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    Aug 27th 2015, 11:34 PM

    Yes Ask Ask, closed borders is just idiocy, quite like closed front and back door, is just plain lunacy. Whatever are we thinking. But hey, just as long as you lead by example with your own front and back doors open, ok?

    17
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    Mute Aşk Aşk Beni Bulur
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    Aug 28th 2015, 10:13 AM

    That’s a door to your home, why would anyone leave it open? A country is much different, you may live there but any Irish criminal can be on the run in any county, do you suggest each county has its own border controls? This is what you really want because you can’t have it one way with restricting access to people outside of ireland, I would suggest restricting access between counties would also be best, why should non white or Irish people have to be subjected to that level of scrutiny. This guy came from England and we all know how easy it is for an Irish to get to England so it’s the exact same if they come from England to ireland with a British passport or a fake British passport, think before you start writing complete idiocy. teşekkürler canım :)

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    Mute LFCPaddy
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    Aug 27th 2015, 6:46 PM

    “Sex offender on the run”, the lesser known Wings song.

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    Mute Paul Roche
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    Aug 27th 2015, 5:50 PM

    How refreshing.
    Usually the British Constabulary are busy chasing our sex offenders.

    11
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    Mute RealNewsÉire
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    Aug 27th 2015, 11:32 PM

    Hmm, foreign types ramping up the rape, gang rape and paedo stats are par for the course in the rest of Europe, or don’t you read the news.

    19
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    Mute Sticky Micky
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    Aug 28th 2015, 5:28 AM

    The impression I get from a few commentators here is it wouldn’t be half as bad if this guy was Irish, white etc.

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    Mute Aşk Aşk Beni Bulur
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    Aug 28th 2015, 10:09 AM

    If he was from Galway and on the run jn Kerry or Waterford Etc the comments would be “I hope they catch him soon” but with this its “close our borders” “immigrants are criminals” he came from the UK not Pakistan I think that’s what people are confused about, it’s very easy to go from ireland to UK and UK to ireland. People on here have actually lost their minds and are now in panic mode brought on by the scaremongering media, they have no compassion for others fleeing from countries that will kill them, it’s very sad that people are like this.

    4
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