Taoiseach reports 'stream of inquiries' from firms looking to locate in Ireland

Taoiseach reports 'stream of inquiries' from firms looking to locate in Ireland

By Elaine Loughlin, Political Reporter in New York

A "stream of inquiries" have been made by multinational firms looking to relocate here after Brexit, the Taoiseach has said.

Enda Kenny has said that the two-year deadline set down for Britain's exit of the EU is "probably impossible" and there would be a "transition period beyond the negotiations".

Mr Kenny who is in New York as part of a four-day trip to the US said that European leaders

would "certainly not" let the UK cherry-pick the terms and conditions of its exit.

"There will be no concession made by Europe in that regard," he said.

Asked about how Ireland might benefit from Brexit, Mr Kenny told Bloomberg TV that "in every political issue like this there are always opportunities".

He added: "There have been a stream of inquiries form Britain from financial houses and banks and others.

Mr Kenny said that Ireland would compete "fairly and hard" for any business that may arise from the Brexit fallout.

Mr Kenny will meet business leaders and Enterprise Ireland clients in New York today.

More on this topic

Johnson insists voting Tory ‘only way’ to deliver Brexit despite Farage threatJohnson insists voting Tory ‘only way’ to deliver Brexit despite Farage threat

Farage says he may vote Tory if British PM delivers promised changes to Brexit dealFarage says he may vote Tory if British PM delivers promised changes to Brexit deal

Wetherspoons boss Tim Martin hits out at corporate governance rulesWetherspoons boss Tim Martin hits out at corporate governance rules

Boris Johnson follows Trump’s commands on Brexit, says Lib Dem leaderBoris Johnson follows Trump’s commands on Brexit, says Lib Dem leader