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In 2012, Halligan was asked by the Republic of Ireland's Tánaiste (Deputy Prime Minister) Eamon Gilmore to join the Global Irish Network – an advisory board of Irish nationals living outside the island of Ireland.

Since 2003, Halligan has written his weekly "Economics Agenda" column in The Sunday Telegraph.

Between 1999 and 2002, he wrote a weekly column for Sunday Business, before moving to The Sunday Telegraph in 2003. In 2006, Halligan was appointed to economics editor at The Sunday Telegraph.

In 1996, Halligan returned to the UK to become Political Correspondent at the Financial Times. In 1998 he moved to Channel 4 News as an economics correspondent.

Halligan was born and grew up in Kingsbury, London, into an Irish Catholic family. He attended the John Lyon School on a scholarship. He graduated in Economics from the University of Warwick and holds an M.Phil in Economics from the University of Oxford, While at Oxford, he was a member of the Oxford University Boat Club and rowed in the 1994 Isis (2nd Boat) crew which lost to Cambridge.

In 1994, after his graduate degree, Halligan moved to Moscow – where he co-founded Russian Economic Trends, an independent source of data and commentary, and the Russian European Centre for Economic Policy, which advised the Russian government. Halligan wrote a weekly column for The Moscow Times and covered Russia for The Economist and The Economist Intelligence Unit, while also writing on the Former Soviet Union for The Wall Street Journal and Euromoney.