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John Simpson

Long-term wounds face NI economy

John Simpson


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Festive: a man wearing a mask walks past a shop window in Belfast city centre

Festive: a man wearing a mask walks past a shop window in Belfast city centre

Festive: a man wearing a mask walks past a shop window in Belfast city centre

After Covid-19, the "new normal" for the local economy will not be as good as the "old normal". The pandemic has brought many major temporary problems from which there will be partial recoveries.

However, it has caused other unwelcome changes which will leave enduring effects. An imperfect Brexit will add to the unwanted changes.

The Northern Ireland economy has been hit hard by the Covid-19-induced recession and Brexit. Then, to make matters worse, Brexit has been made more difficult by the uncertainties caused by the poor implementation of the agreed Ireland-Northern Ireland Protocol which is designed to give Northern Ireland a favourable trading deal, keeping Northern Ireland as part of the EU for trading purposes.


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