Low risk of British exit

The probability of the UK voting to leave the EU may be fairly low, but businesses on both sides of the Irish Sea are taking no chances.

Bookie Paddy Power rates the chances of the UK breaking its troubled relationship with the rest of the EU at 3-1 and says it is 1-5 (a probability of over 82%) that Britain will stay put.

The Irish Exporters Association meeting yesterday predict an even slimmer probability. It predicts a meagre 10% risk of a British exit — but does not want to take any chances at all.