Brexit boost in the offing for financial services sector

Brexit could trigger flight restrictions and reduced tourism numbers here but may surprisingly boost the financial services sector, a report predicts.

Stark warnings are contained in a report for Business Minister Heather Humphreys, which looks at the worst- to best-case scenarios for Brexit up until 2030.

Sector breakdowns show the most damage done would be to the agri-food sector, including beef, dairy and food processing industries. They would be worst hit if World Trade Organization rules were slapped on trade with Britain after it leaves the European Union.