Ibec warns of major economic risks to Ireland if UK leaves EU

'Brexit' would undermine the all-island economy, disrupt trade and create uncertainty, the lobby group says

A British decision to leave the European Union would create major economic risks for Ireland, undermining the all-island economy, disrupting trade and creating investment uncertainty, a new report from Ibec warns.

The business lobby group said the size and economic scale of the UK means the stakes in the forthcoming "Brexit" referendum are very high, not just for Ireland but for the rest of Europe.

"A UK departure would be a blow to ...