The group that represents Irish business, Ibec, have today said the UK vote to leave is a very significant blow to the EU which will lead to a potentially protracted and unwelcome period of uncertainty and instability in Europe.

The Group have called for all EU institutions and Central Banks to do all within their power and remit to minimise financial, economic and political instability.

Ibec say the task then is to ensure Irish interests are safeguarded in British EU exit negotiations.

For more on this article, please visit: Business World