Analysis > June 2016

Brexit Britain … where next?

London on Thursday was hammered with rain. Not just a few summer showers but full on downpours. Tube lines were flooded. Train lines were closed. Traffic ground to a standstill. The glass tower of The Shard building disappeared from view. Two polling stations in Richmond were moved due to flooding. It was, in retrospect, a dramatic backdrop to the decision of voters that day to end Britain’s membership of the European Union. The United Kingdom and the rest of the …

Britain votes to leave EU: What does it mean for Ireland?

Politically, socially and economically the decision of the UK to leave the European Union will have huge ramifications for Ireland, writes RTÉ Business Editor David Murphy. But the most immediate impact will be felt by Irish businesses and their employees. Sterling Sterling is falling rapidly against the euro and fell 8% in the hours after the result became clear. It is safe to assume sterling will remain very weak for a considerable period. That will make Irish exports to the …