Ireland shouldn’t bank on taking the Square Mile’s business

Attendees at a free trade conference in London were overwhelmingly supportive of Brexit, while financial service experts in Ireland thought it was a terrible mistake. However, that hasn’t stopped the financial community in Dublin looking forward to welcoming in businesses seeking to move offices from London back into the EU.

That was the experience of Keith Boyfield, CPS Research Fellow, last week but in a piece for CapX, Boyfield notes that London may not have much to worry about. Dublin, like Paris and Milan who have also made hopefully noises with regards to financial services re-locating, is a relatively small financial centre, while London tops the list.

Boyfield also believes the concerns around the Irish border are exaggerated, writing that it is “clearly in neither side’s interests to establish a cumbersome border”.

Click here to read the full article on the CapX website.

Date Added: Friday 26th October 2018