Land of leathers’ 109 stores in difficulty. Economists urge government to come up with a plan.

More gloom on the economic front as Land of Leather shares have been suspended on the London stock exchange and administrators have been called in. In the Republic, Land of Leather employs 84 people in its eleven stores. In Northern Ireland it has five stores.

Update: A special conference in Dublin attended by 200 economists urge the government to come up with a credible plan to deal with the turmoil in the public finances and the difficulties in the housing market. It is noted that the down turn for Land of leather is partly seen as a consequence of people not moving home as much. There was also strong support for a cut of around 10% in public sector pay….