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Brexit

Brexit: threats and opportunities for the Republic and Northern Ireland

TweetThe UK’s shock Brexit result has created economic and political turmoil in Britain, with ramifications around the world. As it became clear that a slim majority of the British electorate had chosen to leave the EU, the value of the pound plummeted. David Cameron stepped down, and it wasn’t long before the knives were out for Labour’s Jeremy Corbyn, who lost a vote of no confidence motion from the Parliamentary Labour Party. While a Remain vote would have been economically preferable for Ireland, both Northern Ireland and the Republic, Brexit offers opportunities as well as threats. Here we look at these. Exchange rate Sterling is down making Irish goods more expensive to […]