Finally, I will address some of the potential macroeconomic implications of the UK’s decision to leave the EU and exit the Single Market, for both the UK and Irish economies, and for Ireland as a location for financial services. History of centres for capital The fortunes of centres for capital change.
Take the example of a world-leading commercial and financial centre of the past: Venice. Venice rose in status because it was able to make full use of its location, servicing important trading routes between Europe and the East.