Mr. Dominic Doheny:

Our members in manufacturing see a solution in opening up new depots in the UK. They will decamp business from their existing Irish facilities and that is a major concern of ours. The cost of insurance has not been talked about much. At the moment, 30% of our construction liability is written in the UK and we are hearing that the insurance companies which are writing it do not have an appetite to open up European or Irish bases. If that happens we will have to turn to Europe for competitive bids and that will mean insurance costs will go up, meaning our input costs go up too.