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‘It’s entirely Brexit,’ says haulier who has been caught up in 15km queues.
The Irish balance sheets of a range of global banks that run international operations from Dublin has ballooned to more than half a billion euros.
The French capital has gained one year on from Brexit, but cities such as Dublin, Amsterdam and Frankfurt have also emerged as winners.
Dublin is expected to attract more financial services companies that are relocating from the UK because of Brexit.
Brexit-related activity within the UK financial services market was muted over 2021.
New trading arrangements between Ireland and the UK have had a significant and negative effect on freight traffic between the two countries.
Exporters move away from traditional Dublin to Britain routes to avoid Brexit red tape
Rule changes and high costs have been cited for the move, leaving the Irish airline listed solely on the Euronext Dublin exchange.
Pzena Investment Management, a US-based investment company, has revealed it is awaiting approval from Irish regulators to open its first European office in Dublin.
Stock regularly held up in Dublin Port for three to five days at a time, with some consignments delayed for up to 10 days.
Port of Dublin says in its Q3 report that core freight and container volumes from Britain declined by 21.2% to 537,680 units between January and September this year (Holyhead, Liverpool and Heysham).
According to the Office for Budget Responsibility (OBR), shortages across various industries have been “exacerbated” by new immigration rules for EU citizens and trade barriers with the bloc.
Trade between Dublin Port and the U.K. slumped in the first nine months of the year while business with EU locations surged, continuing a post-Brexit trend.
Dublin Port reports reduced cargo volumes from Holyhead, Liverpool and Heysham.
Trade with European ports, meanwhile, has increased by 36% in the first nine months of the year.
Post-Brexit trade frictions have "significantly altered" freight traffic between Ireland and Britain and sparked a steep rise in volumes to and from Ireland and other European Union members, an Irish government agency report said on Thursday.
Regular rail freight services between Dublin Port and the intermodal terminal at Ballina in the north-west of Ireland have been suspended. The extraordinary cause is a backlog of cargo in the port, which operators blame on congestion in the wake of Brexit. The matter has been the subject of debate in the Irish parliament, and widely reported in Irish media.
A busy rail freight line that ran cargo directly from Dublin Port to Ballina in Co Mayo for local businesses such as Coca-Cola has been suspended because the port is so clogged up following Brexit.
THE UK's decision to break away from the EU cost service exports more than £110 billion over a four-year period, new research has shown.
State’s 2016-2019 services exports £126bn higher than projections based on prior trends
Irish shippers increasingly turning to direct shipping services to continental Europe are set to see a sharp injection of unaccompanied capacity, as carriers respond to growing demand.
As revealed in the EY Financial Services Brexit Tracker which monitors public statements made by 222 financial services firms, 36 financial services firms are considering or have confirmed relocating some UK operations and/or staff to Dublin.
Dublin was been chosen as the most desirable place for jobs from London’s financial district, as 135 firms have relocated business to the Irish capital because of Brexit, according to new research.
Those who have the right to work in the EU can reapply for their jobs.
US financial giant is making the decision to cater for its European market.