Foyle Port in Co Derry could lose 40% of business in no-deal Brexit

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Chief executive Brian McGrath said crashing out of the EU would 'decimate' operations at the global shipping centre

The most westerly port in the UK and Northern Ireland could lose 40% of its business in the event of a no-deal Brexit, politicians have been warned.

Mr McGrath was part of the largest ever trade delegation of Northern Ireland businesses to travel to Westminster. "If we have to pay multiple tariffs and customs and bureaucracy that makes us uncompetitive then we will be out of business," he said."We are bringing in commodities from all over the world, we are bringing in oil, animal feeds, fertilisers, timber and if we get a hard border we could lose 40% of our trade overnight, that is how stark it is," he continued."We are doing really well and we can be a vehicle for further economic growth but we need a deal.

"I appreciate there are constitutional issues, there are political issues in there but we cannot leave Europe without a deal."

 

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Delighted more they suffer the better after what they have backed see what english flag will do for them now

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 /  🏆 4. in JP

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