Protocol has created ‘feast or famine’ economy in Northern Ireland

Haulage lorry drives passed a sign at Belfast Port welcoming travellers to the Harbour Estate.

The Northern Ireland Protocol has created a “feast or famine” economy in the region with some businesses struggling while others thrive, a parliamentary report has found.

A House of Lords committee examining the post-Brexit Irish Sea trading arrangements found that companies involved in trade with the rest of the UK were being hampered by added red tape whereas those more reliant on doing business with Ireland and the wider EU were benefiting.