Topic Archives: Economy

The cautionary tale of Pat Hickey: How the Olympics Got Seduced by Money, and Lost its Way

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Ireland and Europe’s most senior Olympic official sits arrested in Rio, on charges of ticket scalping.   Meanwhile, pizza restaurants and small clothing shops receive threatening letters from the Olympics, telling them not to tweet the Games That Must Not Be Named.  (Lawyers say ‘I don’t think that’s what the law says’.) It’s all a sign of more…


Barbers, Car Dealers, Printers: The “Olympic” Small Businesses Around Ireland and the World, and How They’re Watching Rio

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DUBLIN.  When Farrell O’Boy launched his Olympic Cars in Maynooth, Co. Kildare, he thought he’d chosen ‘a strong name, and people would remember it’, says Danny McCabe, today its sales manager. Across the Irish Sea, Antonio Leto had emigrated from Sicily and worked as a barber when he set up his own shop, Olympic Barbers, more…


Big Ideas: Festival of Economics round-up


The four year Centre for Economic Empowerment project at NICVA is nearing its conclusion but the full attendance at today’s event can be taken as a sign of the capacity that has been built in the community and voluntary sector around economic awareness and understanding.


Finance Minister says NI left out of Brexit negotiations: UK Gov won’t underwrite current EU funding for NI


Talking at this morning’s Big Ideas: Festival of Economics at NICVA, Finance Minister Máirtín Ó Muilleoir indicated that Northern Ireland was being left out of post-Brexit decision making in London. He also felt it was likely the British Government would not underwrite the “half of” current EU INTERREG and PEACE funding, adding that he expected more…


Trade & Brexit: Where next?

The New BrexitSec

Among the changes in Prime Minister May’s post-referendum reshuffle David Davis has now been appointed new ‘Secretary of State for Exiting the European Union’ or BrexitSec as I’m growing used to calling him. He caused a bit of a stir last Monday when he appeared not to know that the Republic of Ireland was no more…


Reflections on Johnson and Davis

As we learn that we have a new Secretary of State for Northern Ireland (but not, as I write, knowing who), I wanted to reflect on the two most controversial appointments to Theresa May’s cabinet. Either the appointment of Boris Johnson and David Davis as Foreign Secretary and Secretary of State for Brexit respectively is more…


A real Twelfth celebration. Three cautious cheers for Bombardier

And what about the effects of  Brexit?  The Irish Times takes forward the story reported by CBC Canada. Many thanks to Quebec, despite its secessionist tendencies.   The SWISS air flight on Friday also represents an important next stage of the C-Series journey that began for Northern Ireland at the Farnborough Air Show in the UK in 2008. Back more…


Westminster will find it hard to counter the Brexit case for Scottish independence

The UK Treasury chief who was at the heart of Project Fear during the Scottish independence referendum of 2014 is singing a different tune after the Brexit referendum. In an extraordinary article in the Financial Times (£)  summarised here,  Sir Nicholas McPherson sweeps away most of economic and financial problems associated with independence.. With the UK more…


US Consulate: “We anticipate that a US trade and investment delegation will visit Northern Ireland in the first half of 2017”

The Northern Ireland Secretary of State, Theresa Villiers, has, in effect, called ‘bullshit’ on Martin McGuinness‘ claim that a proposed US investment delegation to Northern Ireland has been postponed “directly as a result of the vote” in the UK-wide EU membership referendum. Unlike the Northern Ireland deputy First Minister, echoed by his party colleague, Conor Murphy, more…


On parliamentary sovereignty and post-Brexit Britain

House of Commons

The latest phase in the stages of grieving for Remainers is the idea that parliament can save the UK’s membership of the EU. How would that play in blue-collar England? As 78% of the men on the Clapham omnibus, in the London Borough of Lambeth, voted Remain, we’ll need someone different to act as our more…


After Brexit: the options

As time went on, speculation reached fever pitch. The internet was full of crazy theories about developments that would overturn everything we knew, seemingly convincing timelines of events that would soon unfold, and ingenious analyses proving that things were either nowhere near as bad as they seemed, or much worse than anyone imagined. I am more…


So what happens now?

Well, the markets are currently having their say, but I would strongly advise that we look at them in a week and a half and see if they recover from the initial shock. Now for Andy’s predictions on what happens from here. Negotiating our way out The next step is Article 50 notice to leave more…