Mr. Derek Moran:

I put it to the Deputy that in light of the forthcoming departure of the UK from the EU, multinationals and especially US multinationals are going to want a base within the EU so they can access its market of 400 million of people with free movement of goods and labour. The advantage this offers to multinationals is at least comparable to, if not more important than, the tax status of this country. The position is changing all the time. I would not be unduly pessimistic.