New Brexit deal to help North secure investments

The revised Brexit deal may have been signed off at the summit of the EU leaders last week, but getting it through the UK parliament is proving to be quite a challenge. Indeed, the British government was forced at the weekend to seek an extension to Article 50 which could delay the UK’s departure from the EU beyond October 31.

While the worst-case scenario of a disorderly no-deal hard Brexit looks like it will be avoided, the revised Withdrawal Agreement still poses plenty of future challenges for the Irish and UK economies. It does provide for a transition period during which time the current trading arrangements with the UK will stay in place.