Ms Mary Buckley:

Since the financial services sector is regulated, it is the one that has been under the most pressure to move its activities. The investment made in Dundalk by the two life sciences pharmaceutical companies is quite significant. It is safe to say financial services companies are among the first movers. There are other sectors and activities that will move, particularly on the regulated side. The pharmaceuticals sector is regulated. We will also see movement among tech companies that are considering expanding their activities to Ireland. In time, we will be absolutely focused on marketing not only Dublin but also the regions as locations in which to invest. Over time, as we win further investments, we will see other investments being made in regional locations.

It is important to highlight that when we talk about Brexit related investments, our clients increasingly tend not to want us to talk about whether their investment is related to Brexit because they will still be using the United Kingdom. It will still be a market for them. It may not be within the European Union but the client will have a customer base there. Every conversation we have with our clients has a Brexit tint but ultimately our announcements may not mention Brexit because clients may not want that. Over time, we will see investments coming through that may not mention Brexit but that will be Brexit related.