Whereas a border ballot could also be some years off but, financial reunification appears to be going from power to power. From the Guardian report:
Northern Eire and Eire are having fun with what seems to be a €4bn (£3.4bn) enhance, with inter-country commerce booming in each instructions publish Brexit, figures reveal.
Official authorities knowledge launched in Dublin by the Central Statistics Workplace confirmed that imports from Northern Eire to Eire elevated 23% to €1.9bn between January and Might 2022 in contrast with the identical interval in 2021.
Commerce within the different path, from Eire to Northern Eire, rocketed by 42% to €1.9bn in the identical comparative intervals.
The rise in motion of meals and reside animals from Northern Eire to Eire was dramatic, rising €119m to €544m.
Nonetheless, there was an even bigger enhance within the sale of power, recorded as “mineral fuels, lubricants and associated supplies” and prone to discuss with North Sea oil and fuel.
Gross sales to Eire doubled in worth from €106m to €218m within the first 5 months of this 12 months in contrast with the identical interval in 2021.
The rise could partly replicate the rise in power costs this 12 months but in addition suggests a change in sources as Europe continues to wean itself off Russian provides within the wake of the conflict in Ukraine.
The figures additionally present that imports from Nice Britain to the Irish republic have elevated, up from €5.2bn in January to Might 2021 to €9.3bn in January to Might 2022.
The FT reported that London and Northern Eire are the one UK areas displaying financial development;
Permit this interpretation is questioned by some, right here is the NISRA knowledge.
My solely concern is how a lot of this commerce is actual enterprise and never simply monetary strikes. For instance, I seen that Sainsbury’s merchandise now listing a Northern Eire firm. If beforehand Sainsbury’s gross sales figures have been aggregated and recorded in London however now they go through the Northern Eire enterprise then on paper it seemed like a large enhance in gross sales however in actuality, nothing a lot has modified.
Placing apart the Brexit schadenfreude for a minute, it’s good that the Northern Eire economic system is benefiting from the NI Protocol. Jobs are jobs, as the nice John Hume as soon as remarked, ‘you’ll be able to’t eat a flag’. Until you might be this man…
I assist hold the nice ship Slugger afloat by managing the enterprise and techy stuff.
