Tipperary companies and farmers brace themselves for fallout from Brexit

Economy

Tipperary companies and farmers brace themselves for fallout from Brexit

Tipperary farmers, businesses and tourism operators are facing an anxious wait to see how and if they will suffer from the fallout of Brexit.

The fears come after Britain voted to leave the EU last Thursday. The result leaves Ireland in a precarious position due to the high level of trade and tourism between the two islands.

A number of firms such as Procter and Gamble, Abbey Machinery and Carey Glass in Nenagh deal with the UK as well as C&C which has operations in Borrisoleigh and Clonmel.

Many small artisan food producers would also have a foothold in the niche market in Britain while the major cattle companies and co-ops that produce cheese and other dairy products could be left exposed due to the dramatic decline in the value of Sterling.

In tourism, some 13 per cent of British visitors cite the Rock of Cashel as a eason to visit Tipperary.

See full story in this week's Tipperary Star