Central Bank warns of risks from Britain’s economic turmoil
Our neighbour is facing its longest recession since records began, which will have knock on effects on Irish agriculture and food sector in particular
Britain’s recent economic difficulties raise a number of risks for Ireland in the coming months, the Central Bank has warned.
The bank’s financial stability report, which was published last week, said that while the importance of trade with Britain has been offset in recent years by the growth of foreign direct investment, the current turmoil could cause difficulty for important sectors here.
Earlier this month the Bank of England warned that Britain is facing its ...