The Taoiseach says heÂ’'s 'disappointed' at a decision by organisers to move the Web Summit offshore.

Founder Paddy Cosgrave says the event will take place in Lisbon next year and will stay there for three years.

There are calls for the government and the hospitality industry to fight to bring it back, with estimates it could lose the city up to 50 million euro.

Helen Vaughan reports.