Saturday 24 September 2016

Greencore boss now fears UK will vote to pull out of Europe

Published 16/06/2016 | 02:30

Michael Jackson, Managing Partner, Matheson, Gina Quin, CEO, Dublin Chamber and Patrick Coveney, CEO, Greencore at the Dublin Chamber of Commerce Brexit breakfast briefing in Dublin.
Michael Jackson, Managing Partner, Matheson, Gina Quin, CEO, Dublin Chamber and Patrick Coveney, CEO, Greencore at the Dublin Chamber of Commerce Brexit breakfast briefing in Dublin.

Greencore ceo Patrick Coveney now believes that Britain will quit the European Union, he told a meeting in Dublin yesterday.

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He also believes that costs for business will rise and revenues for Greencore will go down in the event of a Brexit.

Mr Coveney was speaking at a special Dublin Chamber of Commerce Brexit breakfast briefing, sponsored by Matheson solicitors, in Dublin yesterday. Pictured are Michael Jackson, managing partner, Matheson, Gina Quin, ceo, Dublin Chamber, and Patrick Coveney.

As the UK vote looms, the premium Ireland would pay to borrow compared with Germany hit its highest level in nearly a year.

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