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The Economic and Social Research Institute estimates that Brexit has led to a 45% reduction in goods imports coming from the UK to Ireland.
Trading difficulties are behind the 38% fall.
From January, a new four-times a week service will link Cork direct to Belgium and Holland.
Co. Offaly mushroom farmers whose 30-year-old business was devastated almost overnight in 2016, due to the UK’s decision to pursue Brexit, have found light at the end of a different kind of mushroom tunnel.
Brexit-related activity within the UK financial services market was muted over 2021.
79% of people in Northern Ireland want the Republic of Ireland to remain in the EU, according to an opinion poll.
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.
Securities settlement for Irish assets worth more than 100 billion euros ($119 billion) has left London for the European Union in the latest adjustment in markets to Brexit.
But the UK’s departure means far-reaching changes for the Irish economy. We are already seeing signs of how things may shake out and the really fundamental changes it means for many businesses, for consumers and for trade.
Post-Brexit trade frictions have led to ferry freight flows between Great Britain and the Republic of Ireland dropping by 29% in the first half of 2021.
The trade impact of Brexit is laid bare in the latest Central Statistics Office (CSO) data, which shows a huge surge in imports to Ireland of goods from Europe and a sharp fall in goods bought from Britain, as Irish companies opened up new supply chains to avoid tariffs and delivery delays on goods from the UK.
Transfer to Brussels of securities deposits follows shift of share trading away from UK.
Brexit from an Irish perspective from Raidió Teilifís Éireann (RTÉ).
Dublin's foreign affairs minister Simon Coveney has said the decision to halt Northern Ireland Protocol checks would be a “breach of international law”.
Brexit represents the single greatest economic and foreign-policy challenge to the Irish state since the Second World War. There is hardly any area of Irish life that won't be affected.
UK’s move was not sought by either the EU or the Irish government.
Hauliers have shifted both exports and imports to sea routes to reach EU markets directly, and avoid lengthy delays at UK ports.
Warning that crisis will ‘get worse as businesses see that there is not much going on in UK-EU negotiations’.
‘It would be such a shame to lose a whole market and lose relationships with people in the UK’
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.
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.
New trading arrangements between Ireland and the UK have had a significant and negative effect on freight traffic between the two countries.
Boris Johnson probably wouldn’t have won many votes if he had campaigned on a slogan of ‘Brexit will make Ireland richer’, but that is precisely what his “oven ready” deal has done by making Britain less attractive to investment and less competitive in trade.
With the xenophobic fervour they believe Has awakened In The UK ‘Brexit refugees’, who have chosen to leave Britain for Ireland, talk to Simon Carswell.
The Welsh government has warned that post-Brexit trading patterns threaten the viability of the country's Irish Sea ports.