The Dail will sit later today to discuss the UK's decision to leave the EU – and its implications for Ireland.
It comes as a FG MEP has warned that any attempt by the EU to raise Ireland's corporate tax rate will result in us leaving the union – as well.
Brian Hayes says corporate tax is a red line issue for the government.
The 12.5 per cent rate undercuts other EU countries in seeking foreign direct investment, and Britain had been an ally in fighting tax harmonisation across Europe.
Mark Fielding from ISME says the government must do all it can to protect Irish business interests in the wake of Brexit.
The British Chancellor of the Exchequer says the UK is ready to react to the future from a position of strength.
George Osbourne says it won't be plain sailing for Britain after leaving the EU.
In his first address since the Brexit vote he said the UK should only trigger procedures to formally leave when they have a clear view of their position with the EU.
He also said he would make a decision on his own political future in the coming days.
George Osbourne believes Britain shouldn't be rushed by calls to begin the separation process immediately.
The future of the European Union will be on the agenda later when the US Secretary of State visits London and Brussels.
John Kerry insists the special relationship between the UK and America won't be affected by the decision of British voters to leave the EU.
But he thinks Europe needs to take steps to respond to the vote.
