Northern Ireland Nears Recession as ‘No-Deal’ Brexit Fears and Government Crisis Take Toll

British Prime Minister Theresa May delivers a keynote speech at the Waterfront Hall on July 20, 2018 in Belfast, Northern Ireland. During her two-day visit, focussing on Brexit and the deadlock at Stormont, she will visit the Irish border and discuss the potential impact of Brexit with Northern Irish businesses. Charles McQuillan/WPA Pool/Getty Images

Northern Ireland is on course for an economic recession, warns a UK industry association, amid growing fears of a “no-deal” Brexit, compounded by the instability of a collapsed power-sharing arrangement in government.