British Irish chamber urges the UK government benefits help

  • British Irish chamber urges the UK government benefits help
    Independent.t. E.
    Ireland should seek exemptions from the EU rules on state aid, to help businesses hit hard by the withdrawal of great Britain from the EU, according to leading lobby group for businesses with operations in the UK and Ireland.
    https://www.independent.ie/business/brexit/britishirish-chamber-urges-brexit-state-aid-exemptions-37197601.html
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Ireland should seek exemptions from the EU rules on state aid, to help businesses hit hard by the withdrawal of great Britain from the EU, according to leading lobby group for businesses with operations in the UK and Ireland.

British and Irish chamber of Commerce also called for the establishment of a European Fund for mitigation of consequences of a British exit from the EU to help regions most affected by the UK leaving the European Union.

Calls chamber is located in his preliminary budget, which is published today.

“The government must make key decisions to ensure that the Irish economy is strong enough to withstand the worst the British exit from the EU economic shock,” the submission says.

CEO John McGrane stated that the EU should “enable Ireland to create such supports and funds for victims of the Irish business, which are necessary”.

“What we need is understanding that this is a potentially disastrous thing, and require adequate response from the EU to recognize that the normal provisions of the state aid do not apply.”

He said that this may involve the government providing direct financial support to business in the form of a grant if necessary.

“We want to separate businesses that are interrupted, in order to be granted aid. If they can show that the consequences of a British exit from the EU will cost jobs, the government can give subsidies for the preservation of these jobs.

“We also want the government to continue to support that he gives his British exit from the EU-facing public bodies, people such as enterprise Ireland, IDA, tourism Ireland and others.

“These institutions are very important in supporting our own businesses and supporting continuity of employment, trade and investment.”

Said Mr. McGrane, the chamber works with its members to try to promote Ireland as a location for companies seeking to hold the bridgehead of the EU after leaving the UK.

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