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Northern Ireland business chiefs and politicians meet to discuss Brexit impact

By John Mulgrew

Published 02/08/2016

CBI chairman David Gavaghan
CBI chairman David Gavaghan

Top business bosses will meet Northern Ireland's political leaders later today to discuss the future of the economy following the Brexit vote.

First Minister Arlene Foster and Deputy First Minister Martin McGuinness will take questions during the 'invitation only' event at the Europa Hotel in Belfast.

It's being hosted by the CBI, alongside Deloitte and SONI, and will see managing directors and chief executives from companies across Northern Ireland asking key questions about the state of the economy here over the next few years.

It is understood both ministers will speak on a range of issues at the sold-out event, including Brexit, the Programme for Government and corporation tax, before taking questions.

Around 100 top business owners and bosses will attend.

Just last week, in a snap poll of more than 100 business people at a CBI seminar, none could identify a positive impact of Brexit to the province.

And just under 90% said the vote to leave the EU would have a greater economic impact on Northern Ireland than the UK as a whole.

However, David Gavaghan, chairman of the CBI in Northern Ireland, said members recognised there was a need to get on with the task of Brexit.

And earlier this month it was revealed Danske Bank's chief economist Angela McGowan will be appointed as the new director of the CBI in Northern Ireland.

She will replace Nigel Smyth, after 26 years in the job. Ms McGowan will take up the new role in October.

Belfast Telegraph

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