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Stormont department facing ‘economic disaster’ after losing £100m in EU funding

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Economy Minister Gordon Lyons. Credit: Liam McBurney

Economy Minister Gordon Lyons. Credit: Liam McBurney

Economy Minister Gordon Lyons. Credit: Liam McBurney

Stormont’s Department for the Economy, led by minister Gordon Lyons of the Brexit-supporting DUP, is facing economic disaster after losing £100m in European funding.

Hundreds of millions of pounds of investment will be lost and thousands of potential jobs not created because of budget cuts and loss of the funding, the department has warned.


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