Murray: IFG set to become exposed to Britain’s serious problems
Brexit aside, substantial fiscal consolidation measures will be required
Many Irish headquartered plcs have the bulk of their exposure in the British economy. DCC is one. Greencore is another. IFG is a third. To a greater or lesser degree their performance has a link to the discretionary income of British taxpayers, and (or) to the wealth of British residents and how they decide to invest that wealth, although climatic temperatures is probably a more critical issue for DCC.
For the moment I ...