Cork deemed largely Brexit-ready

Cork, and the south-west in general, is better-positioned than other regions in Ireland to deal with Brexit-related challenges, and is primed to benefit from in-bound job relocations, according to specialist bank Investec.

Ongoing investment, lower office rental costs, lower unemployment rates than the national average and above average job creation rates have led Investec to suggest that the region is better prepared.

“The labour market provides the most visible illustration of the economic renaissance that is underway,” according to Kieran Ferguson, who heads up Investec’s Munster office.