Af­ter Brexit, Dublin sees its fu­ture as a fi­nan­cial hub

Ir­ish cap­i­tal is dou­bling down in an­tic­i­pa­tion of ex­o­dus from Lon­don.

Austin American-Statesman - - BUSINESS - Dublin

Bri­tain’s plans to leave the Euro­pean Union threaten to cause Ire­land all kinds of eco­nomic and se­cu­rity headaches. But a sil­ver lin­ing is ex­pand­ing daily along the crane-filled banks of the River Lif­fey, a likely postBrexit refuge for Bri­tish bank­ing op­er­a­tions.

Dublin’s fi­nan­cial dis­trict barely ex­isted three decades ago but to­day stretches for nearly a mile on both banks of the river. More than 60 con­struc­tion cranes are erect­ing fu­ture high-rise of­fices, ho­tels and apart­ments along the river­front.

Bri­tain’s de­fin­i­tive exit from the EU may be at least two years away, but Dublin is dou­bling down on its commercial build­ing re­vival, con­fi­dent that thou­sands of fi­nan­cial ser­vices jobs are poised to

SHAWN POGATCHNIK / AP

Cranes tower above the banks of the River Lif­fey in Dublin as part of an of­fice build­ing boom in an­tic­i­pa­tion of some fi­nan­cial ser­vice com­pa­nies mov­ing out of Lon­don af­ter Brexit.

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