At least the money is being put to good use...

"claimed the move was actually saving money in the long run"

What long run?

Also, has the eventual cost of redundancies involved in closing Anglo been included in any of the costings so far? If the bank is closing down, will we be paying more than statutory?

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In addition to spending money refurbishing their existing offices, Anglo Irish are said to be looking for a further 40,000 sq ft, according to yesterday's Irish Times:

"Other notable companies on the lookout for space include Macquarie Bank of Sydney, 929sq m (10,000sq ft); Anglo Irish Bank, 3,716sq m (40,000sq ft); MD7 telecommunications, 150-200sq m (1,614-2,152sq ft) rising to 500sq m (5,382sq ft); Gold Core, 350sq m (3,767sq ft) rising to 500sq m (5,382sq ft); Linkedin, social networking service, 650sq m (7,000sq ft)."

Are they completely mad or just stupid?
 
While their owner, the Govt, has a huge excess of office space following rounds of decentralisation, mergers and cutbacks.
 
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