Irish finance minister expects United Kingdom to honour December #Brexit deal

Sinn Fein's Michelle O'Neill, Gerry Adams and Mary Lou Mc Donald pose for

Northern Ireland would be the third-worst affected of the UK's regions by a no-deal Brexit - however the secret analysis, which is now viewable to all MPs only in a confidential reading room in Westminster, does not model the impact of a hard border between the North and the Republic.

Leaks from the Department for Exiting the EU (Dexeu) papers indicate Scottish economic growth would be cut under all three scenarios modelled. They are still keeping no deal on the table despite how crippling it would be to the regional economy.

The analysis, which was produced by Treasury officials last month, predicts that Brexit with a free trade deal would reduce Northern Ireland's economic growth by 8 per cent.

The government's own analysis of the financial impact of Brexit states retailers will see an added cost after the United Kingdom departs from the European Union, including a 16 per cent rise in food and drink costs.

The Scottish Conservatives accused SNP ministers at the time of "completely over-the-top scaremongering".

Likewise, it said a Brexit deal which maintained single market and customs union membership would cost 2.7% of Scotland's GDP, fractionally higher than Whitehall's assessment.

"Free trade" - The UK negotiates a comprehensive free trade deal outside the European Economic Area (EEA).




He told Mr Harvie: "I fully understand the concerns that you raise and agree that the arrangements put in place for MSPs to view the documents offer limited opportunity for scrutiny, and further that it is unhelpful to receive such late notice of those proposals".

In December a year ago, the UK made a "gentleman's agreement" with the EU to allow talks to move onto trade, promising that "in the absence of agreed solutions, the United Kingdom will maintain full alignment with those rules of the internal market and the customs union".

"People did not vote to make themselves poorer".

Speaking at the Policy Forum for Ireland conference in Dublin, Michael D'Arcy, Ireland's minister of state for finance, public expenditure and reform, said of the commitments to the DUP: "It is not a matter for the Irish government".

"The Tories must now explain why they accused the Scottish Government of scaremongering when their own government was covering up similar findings".

The 1.5% reduction is based on Wales remaining in the EU's single market and customs union - which has been ruled out by the government.

Liberal Democrat Brexit spokesman Tom Brake said: 'This is a damning outlook for Britain. We need to stop Brexit before it is too late. The Tories are putting everything on the line because they do not care about the lives and livelihoods of the people of the UK. Download it today and continue to enjoy STV News wherever you are.

Related news:

Hot News

isis-killer-beheading-video-story-top British IS killers should spend life in prison, says victim's mother
Feb 10, 2018 - 02:00
He took the name Hamza and it is believed he went to Syria in 2012, leaving behind four children born to two different women. The Americans confirmed their identities using fingerprints and other biometric measurements.

isis-killer-beheading-video-story-top Bermuda Revokes Same-Sex-Marriage Rights, In A World First
Feb 09, 2018 - 02:06
Walton Brown, Bermuda's Minister of Home Affairs, whose ruling PLP party proposed the act, said he was pleased with the decision. The previous year, two-thirds of voters had rejected same-sex marriage in a referendum, although turnout was low at below 50%.

isis-killer-beheading-video-story-top Bush on immigrants: 'We ought to say thank you and welcome them'
Feb 09, 2018 - 02:05
Bush spoke on Thursday at a summit in Abu Dhabi put on by the Milken Institute, an economic think tank based in California. Bush acknowledged the US immigration system is "broken" and explained that he "tried [to fix it], but unsuccessfully".

isis-killer-beheading-video-story-top What the Technicals Say About QUALCOMM Incorporated (QCOM)
Feb 09, 2018 - 02:03
QUALCOMM Incorporated (NASDAQ:QCOM) now has a Weekly Volatility of 4.38% percent while its Monthly Volatility is at 2.20% percent. It improved, as 54 investors sold EPD shares while 262 reduced holdings. 104 funds opened positions while 395 raised stakes.

isis-killer-beheading-video-story-top Forces hit by United States in Syria included Russian mercenaries, official says
Feb 09, 2018 - 02:02
Veale said Wednesday's attack by pro-regime forces was large-scale, involving battle tanks, rocket launchers and artillery. Syrian government forces are active on the other side of the river around the city of Deir el-Zour.

isis-killer-beheading-video-story-top FBI Says There Is No Evidence Border Patrol Agent Murdered
Feb 09, 2018 - 02:02
A spokesman for the National Border Patrol Council, the union that represented the officers, said it was an "ambush". Martinez would die hours later from head injuries, according to preliminary information from the medical examiner.

isis-killer-beheading-video-story-top Former Les Mis star SuRie to sing for United Kingdom at Eurovision
Feb 09, 2018 - 02:02
The former backing singer for Chris Martin and Will Young has also starred in Les Miserables. She describes the song as "a smash" and says it is an 'anthemic, soulful pop party'.

isis-killer-beheading-video-story-top Has Crude Oil Peaked?
Feb 09, 2018 - 02:02
The political mayhem involving the royals of Saudi Arabia in November of previous year led to a steep rally in crude-oil prices. The EIA also forecast US oil demand for 2018 will grow by 450,000 bpd, lower than its previous forecast of 470,000 bpd growth.

isis-killer-beheading-video-story-top Kylie Jenner Reveals the Name of Her Newborn Baby Girl
Feb 09, 2018 - 01:59
I knew for myself I needed to prepare for this role of a lifetime in the most positive, stress free and healthy way I knew how. It's not the most reliable statement in the world, but then there's the issue of Kylie's current relationship with the rapper.

isis-killer-beheading-video-story-top Smart TVs become new path for hackers to attack
Feb 08, 2018 - 07:20
However, the process by which people agree is often murky, Consumer Reports says, and it often leads to less functionality. Last February, Vizio was fined for collecting and selling data of this sort without the permission of its users.

isis-killer-beheading-video-story-top Kim Jong-Un's Sister To Visit South Korea In Historic First
Feb 08, 2018 - 07:16
The plan centers around rallying the worldwide community to further isolate North Korea both diplomatically and economically. The orchestra is scheduled to perform at Gangneung, near Pyeongchang , on Thursday and in the capital, Seoul, on Sunday.

isis-killer-beheading-video-story-top Hong Kong democracy protesters freed
Feb 08, 2018 - 07:12
The Court of Final Appeal's ruling was an unexpected victory for the city's youthful opposition movement after recent setbacks. In 2016, Wong, Law and Chow were sentenced to non-jail terms, including community service for "unlawful assembly".

isis-killer-beheading-video-story-top Carter Page Who Once Bragged About Advising Kremlin Backtracks
Feb 07, 2018 - 00:57
Page, however, insisted that it was a completely innocent transaction. Of course, that wasn't Page's only connection to Russian Federation .

isis-killer-beheading-video-story-top Kenyan opposition figure charged with treason over Odinga's 'swearing in'
Feb 07, 2018 - 00:57
His supporters in the opposition stronghold of Kisumu city in western Kenya clashed with police, who fired tear gas at them. Separately, a court ordered police to halt attempts to arrest at least three Nation Media Group journalists.

isis-killer-beheading-video-story-top Maldives declares 15-day state of emergency
Feb 07, 2018 - 00:55
Nasheed also requested the U.S. to stop all the financial transactions of Maldives regime leaders going through USA banks. Maldivian President Abdulla Yameen on Monday evening declared a state of emergency amid political crisis in the country.