Central Bank says ‘No-Deal’ Brexit could impact on food availability

first_img News, Sport and Obituaries on Monday May 24th Pinterest By News Highland – July 31, 2019 RELATED ARTICLESMORE FROM AUTHOR Journey home will be easier – Paul Hegarty Google+ Google+ WhatsApp A no deal Brexit will lead to a “sudden and sharp shock” to some parts of the country.That’s the warning from the Central Bank, which has upgraded its predictions for the economy next year.But if Britain leaves the EU without a deal, it says the economy will take a hit of three per cent.The agriculture and food industries are expected to be worst affected.The Central Bank’s Mark Cassidy says there could also be temporary shortages of certain food items………….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/07/10cassidy.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Meanwhile, in its latest Brexit sentiment survey, AIB Bank says Donegal SMEs in manufacturing, tourism, transport and fishing sectors are reassessing their investment plans, with many local companies diversifying purchases and sales away from UK over Brexit concernsThe bank says, given Donegal’s location, the possibility of a no-deal Brexit has heightened concerns for businesses in all sectors, and currency fluctuations are already having an impact. Twitter Previous articleDonegal man charged in Australia after Sydney Airport arrestNext articleDecrease in number of patients awaiting beds in LUH ED during July News Highland WhatsAppcenter_img DL Debate – 24/05/21 Facebook Harps come back to win in Waterford Pinterest Twitter Facebook Derry draw with Pats: Higgins & Thomson Reaction Central Bank says ‘No-Deal’ Brexit could impact on food availability FT Report: Derry City 2 St Pats 2 AudioHomepage BannerNewslast_img

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