Sinéad Pentony: Today’s editorial in The Guardian highlights the dangers for the UK in pursuing Ireland’s policy of austerity measures. As we head into what is being clearly flagged as our fourth austerity budget, the contraction in the economy caused by the financial and economic crises, and exacerbated by Government policy, has succeed in shrinking the economy to the point where there are growing concerns about the capacity of the economy to sustain the costs associated with bailing out the banks. This was reflected in the cost of borrowing reaching a new (and unsustainable) high in the bond auction earlier this week. When you couple this with the latest unemployment figures, acceleration in migration and a lifeless domestic economy - the impact of government policy, which is protecting the banks and the bondholders at the expense of the country and the economy’s capacity to recover, is painfully clear.
Sinéad Pentony is Associate Director with the Trinity Foundation, Trinity College Dublin working towards securing private funding and other support for a range of projects - primarily from individuals, companies and foundations.
Her fundraising portfolio includes supporting the Schools of Computer Science and Statistics; Mathematics; and Pharmacy and Pharmaceutical Sciences to deliver on their strategic priorities with the help of philanthropy support and sponsorship.
She has been working in the not-for-profit sector since the mid-1990s and generating income and fundraising has been a key part of her roles. She develops strategic relationships with a view to delivering mutually beneficial outcomes.
Her previous roles have involved undertaking research and policy work across a variety of public policy areas, policy influencing and advocacy work with a wide variety of stakeholders, public communications, lecturing, and leading or supported strategic planning and review processes aimed at refocusing the work of programmes and organisations in a changing context.
Sinéad was previously head of policy with TASC.