‘New report exposes DUP damage to the economy’ – Heaney

The damage already being caused by Brexit is evidenced by the latest economic reports, Sinn Féin Faughan Representative Conor Heaney has said.

He  was commenting after new research from Ulster Bank showed that the private sector here saw its first monthly fall in output in almost three years.

“The Ulster Bank’s Chief economist has warned that Brexit-related uncertainty is a major feature of these poor results,” Conor Heaney commented.

“Export orders and employment levels dropped at their fastest rate in almost six years and business are reporting increasing pessimism about the future.

“The only area to show any growth was in manufacturing but even that is being put down to Brexit-related stockpiling.

“Once again, these results are further evidence that demonstrates how the DUP is endangering the economy of the north in its pursuit of a wrecking-ball Brexit.

“The best outcome for our business community, of course, would be remaining in the EU but the DUP appear intent on dragging us out regardless of the consequences.

“This report once again exposes the fact that the DUP, by supporting the irresponsible pursuit of a reckless Brexit, are endangering the economy on the north.

“They need to step back, listen to the facts, listen to the genuine fears of the business community and abandon their delusional approach.”