Thursday 22 February 2018

Brexit to shorten Government's life

The so-called 'fiscal space' will be confined to the point of non-existence and the Government will fall next year, says Jody Corcoran

IMPACT: Pro-EU protestors in London on Saturday after the British public voted to leave the European Union. Photo: Getty
IMPACT: Pro-EU protestors in London on Saturday after the British public voted to leave the European Union. Photo: Getty
Jody Corcoran

Jody Corcoran

The Brexit referendum result will have significant political impact here, not least in that it will further shorten the already expected-to-be-short life span of the new minority Government.

As a result of the referendum's outcome, the most inherently unstable Government here in at least a generation is facing into a period of the greatest political and economic uncertainty, probably since independence.

That in itself is enough to give even the most optimistic international investor a fit of the heebie-jeebies.

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