“We will need to address the future of all programmes that are currently EU funded once we have left,” the Northern Ireland secretary, James Brokenshire, told the Guardian. “The real paymaster of Northern Ireland is London, not Brussels,” said Graham Brownlow, a lecturer in economics at Queen’s University and co-editor of Irish Economic and Social History. Some sections of the public sector economy are a vestige of the Troubles. But most of the public sector dates back to the founding of Northern Ireland in 1922 following Ireland’s war of independence. Kelly said: “Post-Brexit it’s unclear whether the beggar-thy-neighbour approach to winning tax haven status will even bring FDI [foreign direct investment] to Northern Ireland.

Source: The Guardian October 18, 2016 15:00 UTC