Slump in value of the pound also luring shoppers to Derry

TRADERS in Londonderry have been enjoying a pre-Christmas boost since the fall in the value of the pound, which has brought shoppers across the border in increasing numbers.

The car parks in Derry last week had a healthy percentage of vehicles bearing number plates registered in the Republic.

Managing director of the award-winning Bishop’s

Gate Hotel and partner in Soda and Starch restaurant Ciaran O’Neill (right) said the number of people coming to Derry from across the border had risen “significantly”.

He said: “Since the weakening of sterling there has been an increase in the number of people coming to the city and we see that because they are staying in the hotel bedrooms.

“Business from the Republic is up significantly throughout all the hotels in the city which is also having a major impact in the restaurants and the various retail outlets throughout the town.

“Speaking to people, they tell me they can’t believe the good value especially in the restaurants compared to wherever they are from.

“Derry offers exceptional value and as a result of this we are seeing not only repeat business but when peo- ple go home, they are telling their friends who come as well.”

Huge savings are on offer for people who come into Derry from across the border — especially if the purchase is significant.

Brenda Kearney who owns D Cooley Jewellers on Shipquay Street said the footfall from people from the Republic into her shop has increased. “Like the majority of shops in Derry, we offer an exchange rate on the euro which we don’t really change unless there is a big difference.

“I wouldn’t say I have noticed a big change in the number of people using euros to make a purchase but I have noticed by people’s accents a healthy increase in the number of people from the Republic,” Ms Kearney (left) said.

“There are really good savings to be had especially if someone is buying a significant piece of jewellery.

“Being in business in a city like Derry, so close to the border adapting to the fluctuations between the euro and the pound is part and parcel of life.

“It just so happens that traders in Derry are currently seeing an increase in the number of people coming from Donegal to do their shopping, but there were times previously when it was the opposite way around and people from here were going across the border to shop.”