London Brexit decision seen as bad for Ireland

London Brexit decision seen as bad for Ireland
However, the costs that a hard Brexit entails to the Irish economy as a whole, and in particular to trade in agriculture and food products, would be substantial. And Ireland would still face competition from large continental centres, including Paris and Frankfurt, for the UK financial firms which do decide to shift their bases. UK-based banks, insurers and asset managers have now concluded there is no realistic chance of maintaining full passporting rights after Brexit that would allow them to sell all their services across the EU.


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