Brexit is forcing major retailers to consider pulling out of Northern Ireland - Business Insider

Major retailers are considering pulling out of Northern Ireland due to the additional trading costs caused by planned new Brexit border checks.Northern Irish business groups and politicians warn that the cost of new checks and processes will be felt hardest by the province's poorest families, who can't afford price rises.

The protocol, agreed by the UK and European Union last year, is designed to prevent a contentious hard border on the island of Ireland. However, it will lead to new customs and regulatory checks between Northern Ireland and the rest of the UK. "It's time the UK government recognized this and start engaging properly with the consequences, particularly as they're refusing to extend the transition period," he told Business Insider.

Kelly said the level of engagement with the UK government on how Northern Ireland should prepare for Brexit had worsened since Johnson replaced Theresa May as the UK prime minister. Louise Haigh, Labour's Shadow Northern Ireland Secretary, urged the UK government to step up its planning for January 2021, warning "time is running out and businesses need certainty now."

"The levels of [personal] debt in Northern Ireland are higher than in the rest of the UK, and the levels of savings are lower," John French, Chief Executive at The Consumer Council Northern Ireland, told Business Insider this week.Northern Ireland is one of the poorest parts of the UK, with discretionary household income — the amount of money left in people's pockets after tax and essential spending — around half the UK-wide average.

Another small step towards a federal Ireland?

They said that about Nissan etc if we left the EU.

Just_Clive This geezer is comfortable with that. What was it he said about business? 'F**k business.

Not brexit, boris' shit deal

Great Britain, here we come. Whatever happened to the “Unionist” in Conservative and Unionist Party?

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Look inside a modern Colorado ranch home made of shipping containers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That is so nice!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside McDonald's response to George Floyd protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The Drive Thru: Major chains grapple with protests, looting, closures - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. its called virtue signaling . you cant be black lives matter one minute then make goods in sweat shops in poor countries paying people poverty pay
Source: BusinessInsider - 🏆 729. / 51 Read more »

White House reporters were forced to sit closer together - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Now do a story on how the protests are violating CDC guidelines You really care about CDC guidelines when people are rioting and totally proving that this whole thing was a scam? Please stop. I'm tired of all the whining.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Zuckerberg: 'Black Lives Matter,' Facebook to look at state force rules - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. interesting lol Mark does not give a shit really🙌 my nig only here for his stacks and honestly I stan
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market crash coronavirus: Insider account from Bank of England - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »