News World Northern Ireland could lose 40,000 jobs in no-deal Brexit

Northern Ireland could lose 40,000 jobs in no-deal Brexit

Northern Ireland‘s civil service has warned that a British exit from the European Union without a withdrawal agreement would have a deep and long-lasting impact on the region’s economy and could cause the loss of 40,000 jobs.

A so-called no-deal exit would could cut the region’s exports to the Republic of Ireland by up to 19 percent, the civil service said in a report.

The document, published on Wednesday, said it was a summary of evidence available to the civil service and did not constitute a view on policy matters.

Jeffrey Donaldson, a senior member of Northern Ireland‘s pro-Brexit Democratic Unionist Party, told the BBC on Thursday that a no-deal Brexit would have a short-term impact on the region’s economy, but that this could be mitigated.

Northern Ireland is widely seen as the most exposed region of the United Kingdom to economic disruption by Brexit due to its land border with EU member the Republic of Ireland.

Britain is due to leave the bloc on Oct. 31 and candidates to replace British Prime Minister Theresa May have refused to rule out the possibility of leaving without a deal.

The Irish government’s insistence that there be no physical infrastructure on that border has become a major point of contention in Brexit talks.

The report also warned of a possible increase in smuggling and said Northern Ireland businesses could be vulnerable to low cost non-EU imports. It said businesses exporting services to Ireland could face an average increase in the cost of doing business of 14.5 percentage points.

Ireland’s Finance Ministry has warned that in the near term a no-deal Brexit puts 55,000 jobs at risk south of the border, where the workforce is three times larger. That figure could rise to 85,000 over a longer timescale, it said.

(Reuters)

Top Stories

Metropolitan Isaias refuses to recognize Metropolitan of Kiev and Ukraine

Metropolitan Isaias of Tamasos and Orini says he refuses to recognize anyone else as the Metropolitan of Kiev and Ukraine. In a memo, Metropolitan Isaias...

Another two confirmed cases of COVID-19 in Rizokarpasso

Another two confirmed cases of COVID-19 have been found in Rizokarpasso yesterday. According to Presidential Commissioner Fotis Fotiou, the two are the children of a...

SPAVO Helpline sees a 40% increase in calls in 2020 due to pandemic

SPAVO, the Association for the Prevention and Handling of Violence in the Family, has seen an increase of 40% in the calls it received...

Elementary school suspends operation due to asphalt plant

Students of the Third Elementary School of Idalion will abstain from their lessons for three days with the prospect of escalating the measures indefinitely...

Scientific expert says first COVID vaccines to arrive in Cyprus in December

Leondios Kostrikis, Professor of Biotechnology and Virology at the University of Cyprus, does neither confirm nor denies the various scenarios about new restrictive measures...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...