Northern Ireland firms warn of risks from no-deal Brexit

Northern Ireland businesses urged British lawmakers to seek a compromise over Brexit and avoid the economic and social risks the province faces in crashing out of the bloc without a deal.

Ahead of a vote on Tuesday on the divorce agreement struck with the bloc last year, more than 50 businesses warned members of parliament in an open letter of the dangers of failing to unite behind a way forward that avoids a hard border and protects peace and economic progress in Northern Ireland.

Prime Minister Theresa May has so far failed to secure the changes to the deal needed to gain parliamentary support, including from the pro-Brexit Northern Irish party propping up her minority government.

Among the signatories of the letter were major local and multinational employers including Bombardier, Coca-Cola, Danske Bank, Norbrook Laboratories, Queen’s University Belfast, the Viridian Group and Royal Bank of Scotland’s Ulster Bank unit.

Via Reuters