Tag Archives: Brexit

Bank Of Ireland’s ‘Brexit Roadshow’ Is Coming To Tralee

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The Bank of Ireland ‘Brexit Roadshow’ is in The Meadowlands Hotel next month.

TWO Bank of Ireland ‘Prepare for Brexit Roadshow’ events are coming to Kerry to help support businesses to become informed and prepared for Brexit.

They take place on Wednesday, October 25 in Dromhall Hotel, Killarney from 8.15am and in Meadowlands Hotel, Tralee from 1pm that same day.

Bank of Ireland has partnered with a number of industry bodies for the nationwide events including Enterprise Ireland, Bord Bia, IBEC and the British Irish Chamber of Commerce.

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The bank has also partnered with advisory firms KPMG, Deloitte, EY, PWC, Grant Thornton, BDO and Mazars.

Kerry’s entrepreneurs and businesses are encouraged to attend these free events which will feature:

• IBEC providing an overview of the range of outcomes from Brexit and the issues they and their members are facing at the event in Tralee

• EY in Tralee and KPMG in Killarney outlining best practice for implementation of a Brexit Diagnostic tool and customer experience to date

• Kerry based businesses discussing how they have assessed the impact Brexit could have on their business, mitigating actions taken by them and the benefits of preparation in an uncertain environment

• Presentation from Bank of Ireland highlighting relevant data and sectoral insights from internal research, discuss how businesses can manage the challenges presented by Brexit and explore the potential business opportunities.

Discussing the Prepare for Brexit Roadshow in Killarney and Tralee, Bank of Ireland Head of Business Banking Kerry, Siobhan Kissane said: “We have already conducted a number of events nationwide where we have been talking to our business customers about Brexit, so we know that companies in Kerry are looking for additional advice and support.

“Regrettably the process is both complex and uncertain and it is likely to be some time before clarity emerges. However, it is imperative that businesses anticipate a range of scenarios and devise plans to capitalise on potential opportunities and mitigate possible risks. Our Brexit Roadshow events in Kerry will provide insight and stimulus to enable companies better understand and prepare for this significant challenge.”

For more information on the events log onto www.bankofireland.com/brexitevents

AIB Breakfast Briefing Helps Businesses Get Brexit-Ready

 

Paul Ward, AIB, John Fahey, AIB, Joe Shannon, AIB Tralee and Sean Healy, AIB at the AIB Brexit Briefing at Ballygarry House Hotel on Wednesday morning. Photo by Dermot Crean
Paul Ward, AIB, John Fahey, AIB, Joe Shannon, AIB Tralee and Sean Healy, AIB at the AIB Brexit Briefing at Ballygarry House Hotel on Wednesday morning. Photo by Dermot Crean

A SPECIAL breakfast event was held in Ballygarry House Hotel on Wednesday morning to inform business about the possible implications of Brexit.

The AIB-sponsored breakfast briefing saw experts from the bank discuss market developments following the Brexit vote and the outcome of the US Election, what lies ahead, and some practical steps businesses can make to manage currency risks.

The UK’s pathway to Brexit remains uncertain, particularly following the recent ruling of the UK High Court that Parliament must approve the triggering of Article 50.

Speakers – including John Fahey, AIB Senior Economist and Paul Ward, Senior Treasury Relationship Manager, AIB – helped inform those present to assist their business decision making in the months ahead.

The briefing was very well attended and business owners present were well-informed by AIB on what the future may hold in a post-Brexit, Trump world. Scroll down for photos…

Louis Byrne, SPAR, Niall Lucey, PIerse McCarthy Lucey Solicitors, Billy Nolan, Hilsers Jewellers, Sean Healy, AIB, Nicky Benner, Kerry Motor Works, Paul Stephenson, Sherry Fitzgerald Stephenson Crean and Ger Carmoody, Ger Carmody Auctioneers at the AIB Brexit Briefing at Ballygarry House Hotel on Wednesday morning. Photo by Dermot Crean
Louis Byrne, SPAR, Niall Lucey, PIerse McCarthy Lucey Solicitors, Billy Nolan, Hilsers Jewellers, Sean Healy, AIB, Nicky Benner, Kerry Motor Works, Paul Stephenson, Sherry Fitzgerald Stephenson Crean and Ger Carmoody, Ger Carmody Auctioneers at the AIB Brexit Briefing at Ballygarry House Hotel on Wednesday morning. Photo by Dermot Crean
James Kelliher, Kelliher O'Shea, Castleisland, Joe Shannon, AIB Tralee, Ogie Moran, Sean Healy AIB and Paul Stephenson, Sherry Fitzgerald Stephenson Crean at the AIB Brexit Briefing at Ballygarry House Hotel on Wednesday morning. Photo by Dermot Crean
James Kelliher, Kelliher O’Shea, Castleisland, Joe Shannon, AIB Tralee, Ogie Moran, Sean Healy AIB and Paul Stephenson, Sherry Fitzgerald Stephenson Crean at the AIB Brexit Briefing at Ballygarry House Hotel on Wednesday morning. Photo by Dermot Crean
John Fahey, AIB, Paul Ward, AIB, John Drummey, Tralee Chamber Alliance, Kieran Ruttledge, Tralee Chamber Alliance and Sean Healy, AIB, at the AIB Brexit Briefing at Ballygarry House Hotel on Wednesday morning. Photo by Dermot Crean
John Fahey, AIB, Paul Ward, AIB, John Drummey, Tralee Chamber Alliance, Kieran Ruttledge, Tralee Chamber Alliance and Sean Healy, AIB, at the AIB Brexit Briefing at Ballygarry House Hotel on Wednesday morning. Photo by Dermot Crean

 

Michael Healy Rae: ‘Brexit’ Vote Result “Is An Affront To Our Society”

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Michael Healy Rae. File Photo

KERRY Independent Deputy Michael Healy Rae has called the British people’s decision to exit the European Community as “an affront to our society”.

The British people voted by  52% to 48% to leave the European Union yesterday. In a statement on his Facebook page this morning, the Kilgarvan man also expressed concerns about the economic impact here, the implications for migration of workers between Ireland and Britain and that it could result in more immigrants, who were bound for the UK, coming to Ireland instead.

“I am extremely disappointed in the United Kingdom’s decision to abandon the European Union,” reads the statement.

“The European Union, formally created in 2002 after the decades of international cooperation between the countries of Europe, has provided an exceptional outlet in the free movement of goods, services and individuals creating an economically strong and vibrant Europe.  For the United Kingdom to shun these values in favour of their own independent policies formed within regulation from the rest of their community is an affront of our society,” he continued.

“The decision by the British people to leave the European community will have effects far beyond their own borders. We will too be affected by this action. With the removal of the UK from the EU trade channels, it will become more difficult for Irish producers to export their goods across the Irish sea, resulting in a potential decrease of 20% on the bilateral trade flows between the two countries and a 3.3% drop in total merchandise exports from Ireland, disproportionately affecting the Basic and Fabricated Metals, Agriculture, Forestry and Fishing, Food and Beverages, and the Textile product and sectors.”

“Finally, the labour migration of workers between Ireland and the United Kingdom is at risk. Given previous EU immigration laws, this had never been a problem, but now, it is possible that the UK could impose visa requirements upon Irish citizens working in the UK, creating a great inconvenience to our citizens. Furthermore, immigrants that had been bound for the UK will now come to Ireland, with research suggesting an average wage fall of 3.9% with workers in high skilled positions experiencing a 5% wage decrease.”

“Once again, I am very disappointed in the actions of the United Kingdom. They have not only abandoned their closest neighbours, but also the entire European Community,” concluded the statement.

 

Campaign Urges Kerry’s 10,000 British-Born Residents To Vote In ‘Brexit’ Referendum

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BrexitAN urgent call has been made for Kerry’s British-born community to make their vote count in the   upcoming UK referendum on EU membership.

European Movement Ireland has launched the ‘Post Your Vote’ Appeal. There are 10,362 British-born citizens in Kerry and they are asked to post their vote this weekend to ensure it arrives by the deadline on referendum day which is 10pm on June 23.

“British people in Ireland have been registering to vote by post or by ‘proxy’. Today we’re urging those living in Kerry to post their vote this weekend, to ensure it arrives by the deadline which is 10pm on 23 June.  If they have appointed a trusted person to be their proxy, we are asking them to remind that family member or friend to make sure they vote next Thursday on their behalf,” said Noelle O’Connell, Executive Director of European Movement Ireland.

This latest reminder is part of European Movement Ireland’s #PhoneAFriend campaign, which aims to encourage both British citizens living in Ireland and Irish people in Britain to vote in the UK’s EU referendum this day week.

“It is worth noting that an estimated 230,000 English, Scottish and Welsh people live here in Ireland and that many of them are eligible to vote in the upcoming referendum”, added Ms O Connell.

“With the polls showing ever closer margins between the ‘Remain’ and ‘Leave’ camps, we are urging the 10,362 British people who live in Kerry to take part in this once in a generation choice.”

“While European Movement Ireland is not advocating how people should vote, we are strongly of the belief that a European Union without the UK as a member would be bad for Ireland, bad for Europe and bad for the UK itself.   Everyone will of course accept the final decision of the UK electorate next Thursday, but we hope that all of those who are eligible to vote will do so.  It’s vital that they have their say on the day about a decision which affects so many people now and in the future,” concluded Ms O’Connell.