Ulster Business and Osborne King gathered together some top experts to examine what’s around the corner for post-Brexit Northern Ireland, what will happen to investment and the commercial property market here ATTENDEES John Mulgrew: Let’s kick off with a general one. What are the key stumbling blocks for Northern Ireland business at this stage with the impending UK exit from the European Union? Brian Keegan: The really interesting point about your question is with less than one year away to Brexit we don’t know it’s less than a year away to Brexit. We don’t know whether Brexit is actually going to happen on March 29, we don’t know whether it’s actually going to happen at the end of December 2020, all bets are still off. The fact of the matter is there is no hard and fast contract that says the UK leaves on March 2019 or in December 2020, and that just adds a level of uncertainty. I see that as the main stumbling block. If we actually knew what … [Read more...] about Round-table: What does Brexit mean for the NI economy?
Let’s be honest, Remainers badly needed a reason to smile after the Brexit referendum result. And the people of Cornwall provided one. Despite voting overwhelmingly to quit the EU, Cornwall – a significant beneficiary of European Union funds over the past couple of decades – immediately demanded a Westminster guarantee of their European money. The day after the vote, Cornwall county council called for “urgent confirmation” of this cash from ministers, citing promises from the official Leave campaign that they would be no worse off if Britain voted to leave. Surprisingly, no such confirmation has yet been issued by Theresa May. Perhaps the Cornish should take it up with the Leave campaign leaders such as Boris Johnson, Michael Gove and Gisela Stuart. Or maybe they seek an urgent meeting with their local MPs, five out of six of whom recommended a Leave vote. Surely they’ll be good for the money? Or maybe not. For Cornwall council has also now insisted … [Read more...] about Brexit means Brexit? Not for Cornwall
Theresa May has demanded the EU look “beyond sound-bites” in its approach to Brexit talks, in a move likely irritate officials in Brussels ahead of next month’s European Council summit. The Prime Minister – who for many months relied on phrases like “Brexit means Brexit” to describe her withdrawal strategy – called on the EU to be more constructive. It came as Downing Street hit back at what it called “negative anonymous briefings” from Brussels, which saw officials across the Channel launch a devastating attack on the UK’s negotiating positions last week. Read more UK manufacturers slam Theresa May’s max fac Brexit customs plan Following the briefing in Brussels, Ms May’s spokesman said: “We need to approach these discussions with the interests of our citizens at heart “That means focussing on holding constructive talks inside the negotiating room. We also need to be constructive outside of the … [Read more...] about Theresa May demands EU stop using sound-bites after months of saying ‘Brexit means Brexit’
Sputnik: Today Labour Party Leader, Jeremy Corbyn, has stated that the British Labour Party will not support any Brexit deal that includes a return to a hard border. How significant is this?Mick Fealty: This [statement] is entirely consistent with Jeremy’s views of the Northern Ireland problems which firmly shares its perspective of that of Irish Republicans, and in fact there is some truth to what he says in the sense that a united Ireland is certainly very popular in the option in the republic, where all the mainstream parties share that view. There are no significant political parties that are unionist in any shape or form. Sputnik: Does this rule out the British Government creating a hard Irish border?Mick Fealty: One of thing important to note about the whole Brexit conversation is the looseness of the terms being used. When Theresa May says: ‘Brexit means Brexit’, it’s a tautology. … [Read more...] about ‘Brexit Means Brexit’: Ireland Border Issue Not a ‘Tautology’
In its paper 'Brexit: food prices and availability' published on May 10, the EU Energy and Environment Sub-Committee reported on the potential impacts of Brexit on the price and availability of food for UK consumers. Among the concerns voiced by the UK government committee was the unease that even in the 'best case' divorce scenario — with no tariffs and few customs barriers — international rules would oblige the UK to conduct more customs and borders checks than is currently the case. 30% of the food we eat in the UK comes from the EU. What will #Brexit mean for the price and availability of food? Read our new report to find out: https://t.co/Qby6TSvCCK pic.twitter.com/uzxw5BK4dq — Lords EU Committee (@LordsEUCom) May 10, 2018 Form an Orderly Queue If no agreement is reached between London and Brussels and Britain quits … [Read more...] about It’s Not All Sour: What Brexit Means for the Bread & Butter of UK Food Industry