Regions to tap Brexit jobs, says IDA

Neither fears of a hard Brexit border on the island nor US president Donald Trump’s corporate tax plans have slowed the number of projects and investment prospects flowing into Ireland and the outlook was “overwhelmingly positive”, IDA chief executive Martin Shanahan has said.

Speaking alongside Tánaiste and Enterprise Minister Frances Fitzgerald at the agency’s half-year report, Mr Shanahan also said the IDA was satisfied regions outside Dublin were getting a fair share of the financial services jobs and projects that would be lured to Ireland as UK-based financial services companies are forced to relocate to keep a base in the EU.

Asked whether Dublin would benefit disproportionately from the number of financial firms setting up in Ireland because of Brexit, Mr Shanahan said experience showed banks set up bases in time outside the capital.