Category: brexit

€1.2 billion package to deal with Brexit – Donohoe

€1.2 billion package to deal with Brexit – Donohoe The Minister for Finance and Public Expenditure and Reform Paschal Donohoe has today announced an overall package of over €1.2 billion to respond to the threat of a no deal Brexit. Delivering Budget 2020 in the Dáil, Mr Donohoe said some of these funds will be […]

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Central Bank urges no-deal Brexit checks with financial services firms

Central Bank urges no-deal Brexit checks with financial services firms The Central Bank has urged customers of financial services companies to take steps to ensure those firms are ready for the consequences of a no-deal Brexit. The regulator has also warned there will inevitably be some negative impact on consumers where firms have not prepared […]

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Some jobs and businesses may not be saved in event of no-deal Brexit – Taoiseach

Some jobs and businesses may not be saved in event of no-deal Brexit – Taoiseach The Taoiseach has warned that some jobs and some businesses may not be saved in the event of a no-deal Brexit at the end of next month. Leo Varadkar also told the Dáil that there “hasn’t been an enormous take-up […]

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‘Palpable’ risk of no-deal Brexit remains – Juncker

‘Palpable’ risk of no-deal Brexit remains – Juncker European Commission President Jean-Claude Juncker said there was a “palpable” risk of a no-deal Brexit and progress on replacing the backstop could not be made to reach a deal until the UK submitted written proposals. Speaking at the European Parliament, he said “the risk of a no-deal […]

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Minister to write to 220,000 businesses over Brexit

The Minister for Business is to write to 220,000 companies all over the country to highlight the need for the them to take urgent action to protect their businesses against the risks posed by Brexit. The letters will be issued through the Companies Registration Office and will tell firms about the supports that are available […]

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Online shoppers face changes and charges post-Brexit

Online shoppers face changes and charges post-Brexit Consumer buying goods online from the UK face immediate changes with increased VAT and import tariffs when the package is delivered by An Post to their home in Ireland, if Brexit goes ahead at the end of October. On a visit to the An Post Mail Centre in […]

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Businesses say Ireland is running out of warehousing space amid Brexit fears

Businesses say Ireland is running out of warehousing space amid Brexit fears Groups representing businesses have said Ireland is running out of warehousing space as retailers and manufacturers rush to stockpile amid growing fears of a no-deal Brexit on 31 October. New figures from Savills Estate Agents show warehouses in Dublin have reached over 96% […]

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Brexit impacting skill requirements of companies; state training body

Brexit impacting skill requirements of companies; state training body Brexit is having an impact on the skills requirements of companies here, according to the head of the state body tasked with upskilling the workforce. Paul Healy, CEO of Skillnet Ireland, said the decision of our nearest neighbour to leave the EU was affecting the training […]

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110,000 fewer jobs after no-deal Brexit – Central Bank

110,000 fewer jobs after no-deal Brexit – Central Bank The Central Bank has warned of major job losses across the economy in the event of a no-deal Brexit. In its latest Quarterly Bulletin, the Central Bank forecasts 34,000 fewer jobs by the end of next year and 110,000 fewer jobs over the next ten years. […]

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Tough Brexit talk fuels sharp drop in sterling

Tough Brexit talk fuels sharp drop in sterling Sterling fell sharply yesterday as both candidates to become UK prime minister talked up their willingness to execute a hard Brexit during Conservative Party leadership debates. On the eve of the Brexit referendum, it cost 76.5 pence to buy one euro. Now, with a hard Brexit fast […]

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