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Longford economist warns full impact of Brexit may only be felt in 2022

Jan 1, 2022 12:26 By Shannonside News
Longford economist warns full impact of Brexit may only be felt in 2022
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He says from a company point of view, on the export side, Brexit hasn't really happened yet.

A Longford economist is warning that the full impact of Brexit in Ireland may only be felt in 2022.

In December the British government' confirmed it was postponing the introduction of custom controls on goods moving from Ireland to Britain, that were set to start on January 1st.

UK authorities say existing arrangements will remain in place while discussions on the Northern Ireland protocol continue.

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New customs checks will be introduced for goods arriving into Britain from other EU countries as planned in the new year.

Ger Brady is chief economist with employers representative body IBEC.

He feels for many firms Brexit has still yet to happen :

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