Chartered Accountants express disappointment at collapse of talks

Feb 15, 2018

The professional body for Chartered Accountants in Northern Ireland has expressed the disappointment and frustration of the business community at the collapse of power-sharing talks yesterday.

Zara Duffy, Head of Chartered Accountants Northern Ireland, which represents over 4,600 local Chartered Accountants said:

“It is frustrating that we have now been without a functioning Executive and Legislative Assembly for thirteen months.

“Our members are not only disappointed in the failure of our local politicians to find a way to work together, but they are frustrated by the knock-on effects that this deadlock is having in terms of investment, decision-making and Northern Ireland’s reputation around the world.

“The failure to reach agreement is creating an instability which is now affecting jobs, essential services and the quality of life for people in Northern Ireland.

“The UK will leave the EU in just over a year, and we expect Northern Ireland to be more adversely affected by this than the rest of the UK.  This is already creating a great deal of uncertainty around future business relationships and trading realities. Unfortunately the democratic deficit that exists without a functioning Northern Ireland Assembly only intensifies this uncertainty.”

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