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Latest EY Brexit predictions "disturbing reading" - Ó Muilleoir

5 February, 2019 - by Máirtín Ó Muilleoir


Sinn Féin MLA Máirtín Ó Muilleoir has said the latest EY Economic Eye forecast predictions in the event of a no deal Brexit makes for disturbing reading.

Máirtín Ó Muilleoir said:  "There is no such thing as a good Brexit, whether it comes with a deal or not. “Professor Gibson is one of the most authoritative voices on the northern economy and thus his prediction of a recession and potential job losses in the event of a no deal Brexit makes for disturbing reading. “His prediction also chimes with the bleak predictions by every other reputable business leader and economist of the consequences of this reckless DUP and Tory approach. “Those who dismiss these independent voices should at least listen to the British Government’s own study which foresees an economic contraction of ten percent, triggering a recession worse than the financial crisis of 08-09."We now need to see the Irish government and the EU 27 standing firm to protect the interests of the north from the reckless and delusional Brexit agenda of the British Tories and DUP."

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