Cable: Ireland will lose out if Britain votes to leave EU

Ireland would not benefit if Britain were to leave the EU following a referendum to be held in 2017, according to Vince Cable, British secretary of state for business, innovation and skills.

“It would be very wrong to think Ireland would benefit, in fact it would be the exact opposite. It would create great uncertainty about the relationship between the UK and Ireland, which currently rests on the assumption of a single market.

“It would create huge problems for North-South relations, which have got progressively better. The last thing we need is to disrupt that,” he said.