Northern Ireland business warns against 'no deal' Brexit

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Northern Ireland business warns against 'no deal' Brexit
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Yet another business group is expressing concern that Britain's crashing out of the European Union on March 29 would damage an already fragile economy.

More then 50 businesses in Northern Ireland have sent an open letter to British MPs warning that a "no deal" Brexit would cause "significant damage" to the region's economy.

"The negative economic impact is already starting to bite in terms of the private sector's ability to invest," they said. But Northern Irish MPs also object to a proposal that could see just Northern Ireland remain in the customs union, while all sides want to avoid a hard border due to fears it could undermine the 1998 Good Friday peace agreement."The peace and economic progress that flowed from the Belfast/Good Friday Agreement cannot be overlooked at this critical time in the UK's history," the businesses wrote.

Talks between Britain and the EU remained deadlocked over the weekend as the deadline approaches for the next Commons vote on Tuesday.

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