10 key questions the EU Referendum result raises for Northern Ireland

So, the UK has voted to leave the EU. But what does that actually mean? For now, it means no change, as David Cameron signalled today that his successor decides whether to trigger Article 50 of the Lisbon Treaty. Only when this happens does the clock start to tick on two years of negotiation for the UK’s exit from the EU. In the meantime, we have seen heavy falls in UK equities, sterling has slumped, and we can anticipate further short-term volatility. But what are the key questions emerging from the Referendum results from a NI perspective? Continue reading

NI’s strong economic links with the US

Image showing NI's economic links with the US in terms of exports, visitors, businesses and employees

Northern Ireland has very strong economic links with the US, when we look at a range of indicators, including visitors to NI, manufacturing exports, the number of US businesses operating in Northern Ireland and the number of local people American firms employ.

With it being around 4th July time, this graphic gives a snapshot of those strong economic links.

For further context, it is also worth noting, for instance, that US visitors spent nearly £55million in NI in 2014, which works out on average at nearly £300 per visitor, compared to £220 per English visitor, and around £200 per German visitor.

Continue reading