Longford economist stresses importance of protecting cross border projects post-Brexit

A Longford economist believes it’s vital for regional projects such as the N4 to continue in the case of a no-deal Brexit.

IBEC is predicting that there will be less than 10,000 new jobs created as a result of a no-deal Brexit, rather than 50,000 if a deal is reached between the UK and the EU.

The business group claims that the economy would still continue to grow in the event of a UK crash out, but in rural areas, SME’s, the agri-food sector, and people who are trading across the border would be significantly affected.

Advertisement

Ger Brady feels that capital investment plans and large infrastructure projects, especially for road networks such as the N4, may be needed to prop up the regional economy when other sectors are under pressure.