Ireland makes Brexit 'back-up' plan

Contingency plans

Jayna Rana
clock • 1 min read

Irish Prime Minister Leo Varadkar has said the country's government is developing a contingency plan for its own needs, should the UK and EU fail to reach a free trade agreement following Brexit.

Speaking in Dublin on Wednesday, Varadkar told lawmakers that while he hopes Britain and the EU will secure a customs union partnership and free trade agreement, Ireland has a "fall-back plan". He said the government is developing contingency plans in case " things do not work out," according to Bloomberg. "We certainly do not rule seeking special arrangements for Ireland and Northern Ireland but that is not by any means our negotiating positions or preference," Varadkar added. Ireland is particularly vulnerable to any Brexit impact, and will be looking to negotiate on a number of ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Almost half of UK retail investors expect 'emergency financial' government measures to rock capital markets

Almost half of UK retail investors expect 'emergency financial' government measures to rock capital markets

Trade wars also highly impactful

Linus Uhlig
clock 26 February 2025 • 1 min read
Market Movers blog: European defence stocks rally amid London summit and expected rise in military spending

Market Movers blog: European defence stocks rally amid London summit and expected rise in military spending

Latest news and analysis

Investment Week
clock 25 February 2025 • 1 min read
Friday Briefing: There's no such thing as a safe haven in markets

Friday Briefing: There's no such thing as a safe haven in markets

'Gold has historically touted this title'

Eve Maddock-Jones
clock 24 February 2025 • 6 min read
Trustpilot