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Brexit a huge threat to small and medium businesses – John Finucane

25 May, 2017

Brexit a huge threat to small and medium businesses – John Finucane

Sinn Féin representative John Finucane said today’s economic and business engagements by the party at Belfast City Hall on the affects of Brexit have been very worthwhile.

The Sinn Féin candidate for North Belfast said:

“We listened carefully to what different sections of the business community had to say and pointed out the work we are doing to ensure the North does not suffer on the back of the Tory party’s Brexit fiasco.

“I had very positive meetings with business representatives and economic organisations in which I put forward the economic case for designated special status for the north. 

“Designated special status will maintain access to the single market and protect worker’s rights.

“The Tory and DUP Brexit poses a huge threat to our economy and local businesses, particularly small and medium enterprises which are the backbone of our local economy. 

“Many of our people rely on for on small businesses not only for goods and services but for employment. Brexit is bad for business and bad for workers.

“To realise our economic potential we need to build a prosperous economy with strong local small and medium size businesses and export-led growth, attractive to foreign direct investment and with a strong skills base and respect for workers.

“To achieve this we must retain membership of the EU and the single market.

“Brexit will place additional costs and restrictions on trade and investment while the loss of access to the EU market will undermine our attractiveness for foreign direct investment and cost thousands of jobs.” CRÍOCH/END

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