Friday 9 December 2016

We need war-room to plot Brexit strategy

Published 21/10/2016 | 02:30

Approximately €1.2bn of goods and services are traded each week between the two countries. An estimated 400,000 jobs rely on this critical bilateral trade relationship. There can be no excuse for a failure to plan (Stock picture)
Approximately €1.2bn of goods and services are traded each week between the two countries. An estimated 400,000 jobs rely on this critical bilateral trade relationship. There can be no excuse for a failure to plan (Stock picture)

Since the Brexit vote, we have heard solemn talk from the Government about its ramifications. The Budget even included a proposal for an "aspirational" rainy day fund of €1bn a year.

  • Go To

So at this juncture, the Government should not exactly need prodding with a Taser to stimulate it into action on Brexit. There are growing worries about the lack of a "war room" to prepare for the fallout.

Irish Stock Exchange chief Deirdre Somers may not have used a stun gun but she was nonetheless commendably forthright in her criticism at the hitherto lackadaisical approach being taken. She said that there is a "once-in-a-lifetime opportunity" to be seized upon, but there is also the fear that it could be squandered.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Read More

Don't Miss

Editor's Choice