Opening Bell: Brexit chaos, Irish shoppers go North, Dublin ranks among the world's 'most reputable' cities

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Theresa May is attempting to take back control of the Brexit process after the UK's High Court ruled she needs the support of MPs before starting negotiations to leave the EU.

The Prime Minister will speak to European Commission president Jean Claude Juncker this morning to reassure him she still intends to trigger Article 50 by the end of March.

Scotland could join the Brexit court battle to bring about a parliamentary vote, SNP leader Nicola Sturgeon has said.

The Scottish First Minister says that Holyrood could join businesswoman Gina Miller and hairdresser Deir Dos Santos as "participants in that case" when it goes to the British Supreme Court in early December.

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Goodbody reports that the fall of sterling values has resulted in the return of Irish shoppers heading north of the border in search of bargains.

The stockbrokers have been analysing traffic flows and Irish shoppers are heading to Northern Ireland. In the post-vote period the level of traffic going to the six counties has been 9% higher.

At peak times the traffic flows have increased by up to 29% - this figure is early on Saturday mornings, which is "consistent with a leisurely weekend sojourn from South to North" according to the report.

The analysts claim that this is one of the first concrete studies showing the negative impact of Brexit on the Irish economy.

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The 'stark reality' of the finances of Ireland's Technology Institutes has been revealed.

A new report from the Higher Education Authority shows that almost half of the 14 institutions around the country are having money problems.

It adds that three unidentified ITs are facing a particular risk of running out of cash in the coming years.

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Dublin has been ranked 20th out of the 55 'most reputable' cities in the world.

The Irish capital is up two places in the index compiled by The Reputations Agency and Reputation Institute.

Sydney tops the poll - followed by Vienna and Zurich.

Dublin ranks ahead of London (22nd), Paris (23rd), Berlin (29th) and Brussels (35th) but behind Edinburgh (6th), Rome (8th), Barcelona (14th), Madrid (15th) and Frankfurt (16th).

 

Additional reporting by IRN