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Companies put investment decisions on hold ahead of Brexit

  • Ireland
  • General

13-07-2018

It has been reported that business growth is at its lowest in more than five years. According to the latest quarterly InterTradeIreland business monitor report, which surveyed more than 750 business managers, confidence is a growing issue for companies, with the percentage of businesses reporting an increase in employee numbers at its lowest since 2009. For example, in the construction sector, there was a significant drop in businesses in a growth position, from 42% to 16%, versus the previous quarter. The report also noted that just 8% of cross-border traders have a Brexit plan in place.

Sean Ryan, Partner

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