Dozens of British banks and financial companies consider moving to Ireland

gbp-l3Banks as well as other financial institutions make up the overwhelming majority of more than 100 companies, considering a possibility to relocate to Ireland after Brexit, as the head of the agency tasked with bringing foreign investment into the republic has already confirmed.

The chief executive of the Industrial Development Agency or IDA for short, Martin Shanahan told that many of the corporations, considering this move, were based in the City of London.

Shanahan told that while Ireland would try to make capital out of Great Britain, voting to leave the European Union, Brexit didn’t appear to be the outcome he or anybody else in Ireland favoured.

Moreover, he added that the IDA didn’t fear a Trump presidency would shut down Us multinational investment into Ireland.

The IDA boasts a target to generate up to 80,000 jobs in the country by 2019, and many of them from new American companies, setting up their European base in Ireland.

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