13 Aug 2022

Brexit: ‘Economic consequences of no-deal Brexit cannot be ignored’-Elisha McCallion

With around two hours to go before the crucial debate on Theresa May’s Brexit deal, the Sinn Fein MP for Foyle has said that the latest warning from the business community about the devastating economic consequences of a no-deal Brexit cannot be ignored. Mrs McCallion was commenting after the Ibec/CBI Joint Business Council warned that a no deal would jeopardise jobs and the all-island economy. She said: “In the latest stark warning from the business community, Ibec and CBI have predicted that a no deal would do significant harm to jobs, investment, living standards and the all-Ireland economy,” Elisha McCallion said. “In particular Angela McGowan CBI CEO said that ‘the assurances that business have been crying out for are broadly provided for in the Withdrawal Agreement – ignoring that in pursuit of no-deal isn't just economic recklessness, it's an affront to rational thinking.’ Elisha McCallion added: “However, the DUP continues to do precisely that by pursuing a reckless agenda leading towards a no-deal Brexit which will have devastating consequences for the entire island of Ireland. “They cannot be allowed to succeed. The DUP position on Brexit is reckless and ideological. It certainly is not in the interests of the people of the north of Ireland.”

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