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Displaying items by tag: Exports to UK Fall

#IrishEXports - A total €9.5bn worth of goods were exported to the United Kingdom in the first eight months of this year, according to the Central Statistics Office (CSO).

As reported on Newstalk, this represented a €300m drop from the €9.8bn it exported to Great Britain and Northern Ireland in the same period in 2015. This suggests that the Brexit vote and weakening sterling are starting to have an impact.

The new CSO data also shows we were importing less from the UK, down to €10.59bn for the first eight months of the year compared to the €11.53bn spend for the same period in 2015.

Ireland is the UK’s fifth largest trading partner. However, the value of Ireland's seasonally-adjusted goods exports fell by 11.5% following the UK's decision to leave the EU.

The price of the sterling also continues to drop, as Irish exporters face an uncertain future due to Brexit.

For more statistics click here

Published in Ports & Shipping

Tom Dolan, Solo Offshore Sailor

Even when County Meath solo sailor Tom Dolan had been down the numbers in the early stages of the four-stage 2,000 mile 2020 Figaro Race, Dolan and his boat were soon eating their way up through the fleet in any situation which demanded difficult tactical decisions.

His fifth overall at the finish – the highest-placed non-French sailor and winner of the Vivi Cup – had him right among the international elite in one of 2020's few major events.

The 33-year-old who has lived in Concarneau, Brittany since 2009 but grew up on a farm in rural County Meath came into the gruelling four-stage race aiming to get into the top half of the fleet and to underline his potential to Irish sailing administrators considering the selection process for the 2024 Olympic Mixed Double Offshore category which comes in for the Paris games.