Industry & Business

SFA warns of threat to Irish jobs from Brexit

 Breaking News
  • Engineering Business Camlin to Create Almost 300 Jobs in £28 Million Investment Engineering business, Camlin is creating 298 high value jobs as part of a £28 million expansion at its Lisburn headquarters. Camlin develops and supplies innovative engineering solutions, primarily for the electricity and rail industries. Speaking at the official opening of its new state-of-the-art factory, Invest Northern Ireland Chief Executive, Alastair Hamilton said: “Camlin is a high-tech [...]...
  • Ireland’s Nation Brand Booming – Brand Finance Report Ireland’s nation brand continues to be one of the fastest-growing in the world, rising 26% in value year on year to US$538 billion, according to the latest Brand Finance Nation Brands report. Jumping six places in the ranking, Ireland has broken into the top 30, growing faster than the USA, China or the UK. This [...]...
  • MSD Announces New Manufacturing Facility and 170 New Jobs For Carlow MSD, known as Merck in the US and Canada, has announced that it will construct a second manufacturing facility at its existing site in Carlow with the creation of 170 new jobs. The new facility will focus on the production of vaccines and biologics and is scheduled to commence manufacturing operations in 2023. The build will include an [...]...
  • €100 Million Investment For Four Capital Developments at Trinity College Dublin Teaching, research and student accommodation at Trinity College Dublin will be transformed over the next two years with the backing of a €100 million long-term European Investment Bank (EIB) loan for four capital developments across the campus. This will include the flagship E3-Engineering, Environment and Emerging Technologies initiative at Trinity. Central to the vision of E3 [...]...
  • SSE Airtricity and Verde LED Light the Way to Energy Savings in New Partnership SSE Airtricity, Ireland’s leading provider of 100% green energy, has announced a new exclusive partnership with Verde LED to provide LED lighting upgrades and energy-efficiency improvements to businesses across Ireland. Verde LED, founded in 2010, specialises in lighting design for new and existing facilities, with a dedicated research and development (R&D) department to ensure product [...]...

SFA warns of threat to Irish jobs from Brexit

SFA warns of threat to Irish jobs from Brexit
March 21
09:11 2016

The Small Firms Association has warned that if Britain decides to leave the EU it will pose a huge risk for small businesses in Ireland.

The SFA has said that thousands of jobs could be put at risk if the UK votes to leave the EU in a referendum on the the 23rd of June.

Linda Barry, SFA assistant director said: “Small firms do not have the same degree of mobility, flexibility and diversification that may help larger businesses to navigate the risks posed by a UK exit from the EU.

“Small businesses may be dependent on a UK supplier, investor or market, which means that their very survival hangs in the balance.”

Trade between the UK and Ireland directly supports 400,000 jobs – half of which are in Ireland, the SFA said.

“The looming referendum is already having a significant impact on exchange rates. Uncertainty has pushed the value of sterling lower, increasing the competitive pressures on Irish exporters. If the UK votes to leave, this effect could intensify.”

About Author

admin

admin

Related Articles

New Subscriber





Subscribe Here



Advertisements



















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4