Theresa May is a “damned bad” prime minister for business because she’s taking her country out of the single market

and turning talent away from the UK, Ibec director general Danny Mc Coy has said.

This, however, could provide a competitive advantage to Ireland, he added. Ms May, pictured, has also warned the European Union that no deal was better than a bad deal. Mr McCoy said that the UK’s focus on controlling migration should be to our advantage.

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“She’s not a great prime minister for British business, or business more generally. In fact, she’s a damned bad one in the sense of walking away from the single market without trying to strike a good deal. The nonsense of ‘no deal is better than a bad deal’ stuff is really heading them towards a cliff edge and then hoping to get a transitional agreement,” Mr McCoy told the Irish Independent.