Tuesday October 20, 2020

Central Bank's starkest warning yet on no-deal Brexit

A disorderly Brexit would lead to 'a substantial and permanent loss of output' in the Irish economy, according to bank's latest bulletin

25th January, 2019
No-deal Brexit would slash growth, says Central Bank. Pic: Rollingnews.ie

The Central Bank has given a stark warning about the effects of a no-deal Brexit on the Irish economy, saying such a scenario would slash Irish economic growth next year to 1.5 per cent.

The bank’s analysis comes in its first quarterly bulletin of 2019, in which it also cuts its headline growth forecast for the Irish economy this year to 4.4 per cent, from 4.8 per...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The state’s National Cyber Security Centre is constantly dealing with suspected attacks and urgently needs more resources

Michael Brennan | 1 month ago

We are far less reliant on the UK as a trading partner now than in previous decades — our focus needs to switch to the many challenges and opportunities of the future

Neale Richmond | 1 month ago

Covid-19 and an economic crisis are exacerbating the trauma of this month’s explosion, writes a Concern worker on the ground

Dom Hunt | 1 month ago