Many of Bermuda’s international companies are considering relocating the bulk of their business to other jurisdictions because of concerns over staffing and politics, a report out of Ireland said.

Published by Dublin’s Moranna Ltd., the story claimed work-permit six-year time limits, which became effective this week, could lead to a “corporate exodus from Bermuda”, with those departing helping to address Dublin’s skilled-staff shortage. The author is Dublin-based financial writer Romil Timbadia, who cited “industry sources” as saying the debate on independence had “created disarray in the minds of top management” of the Island’s international businesses.

Full story in Business, Page 23