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UK deficit overshoots forecasts by £4.1bn; airline shares drop on Heathrow closure – business live
UK government borrowing hit £10.7bn in February, while airline shares tumble due to transport disruption caused by a fire near Heathrow airport A trade war between the US and the EU could cost Ireland more than €18bn in lost trade and shrink the economy by 3.7% in the next five to seven years, according to a new report co-authored by the Irish government’s department of finance.The Economic and Social Research Institute looked at a possible 25% tariff on all EU exports imposed by Donald Trump and retaliatory measures being considered by the EU.Protectionist policies may also prompt multinationals to relocate to the US, posing further risks to the Irish economy and public finances. Continue reading...
UK government borrowing hit £10.7bn in February, while airline shares tumble due to transport disruption caused by a fire near Heathrow airport
A trade war between the US and the EU could cost Ireland more than €18bn in lost trade and shrink the economy by 3.7% in the next five to seven years, according to a new report co-authored by the Irish government’s department of finance.
The Economic and Social Research Institute looked at a possible 25% tariff on all EU exports imposed by Donald Trump and retaliatory measures being considered by the EU.
Protectionist policies may also prompt multinationals to relocate to the US, posing further risks to the Irish economy and public finances. Continue reading...
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