Oliver Mangan: Brexit vote pushed UK from G7's strongest performing economy to weakest

The OECD recently estimated that the deterioration in UK net external trade after Brexit will knock more than 6% off its GDP over 2021-2023

Trucks at Dover Port: UK exports have fallen

The remarkable recovery of the Irish economy after the financial crisis of 2008-2011 crisis was based around two main pillars: A very painful programme of fiscal austerity to restore order to the public finances and a renewed focus on foreign direct investment and exports.

Even in the aftermath of the Covid-19 pandemic and in the midst of a global energy crisis, the results are evident with the Irish economy in 2022 enjoying record levels of foreign investments and exports, full employment, low debt levels and both budget and balance of payments surpluses. The Irish template for recovery, though, does not have much appeal in the UK.