Published: 23rd Jan 2017

Liam Hannaway is chief executive of Newry, Mourne and Down Council, which includes a large border area with southern Ireland. He talks to New Start about the impact of Brexit on jobs and local economies. —————————————————— Has there been any impact on the region so far from the vote for Brexit? There is obviously a real fear over what Brexit means. The border is almost invisible now – we don’t see it – but Brexit will change that. Initial reaction to the referendum impacted exchange rates and thus export trade and retail, particularly due to a favourable exchange rate from shoppers coming from Ireland. Given the location of Newry, this resulted in a strong period of trading for retail around Christmas. The challenges however are more long term and difficult to anticipate. One thing that has become apparent is the interdependence across a range of sectors of the border economies … (To read the full article, subscribe below)