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Chambers Ireland reporting a major drop in business activity

Harry Keaney -
Chambers Ireland reporting a major drop in business activity

It’s emerged that companies which reopened during Phase one of the lifting of Covid-19 restrictions are experiencing less than half of their usual levels of business activity for this time of year.

 

A survey by Chambers Ireland shows a quarter of firms expect earnings to be 70 percent lower than usual over the next three months.

 

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It highlights the drop in revenue's being felt strongest by those in the west, border counties and the south east, with smaller operators seeing the biggest reductions.

Harry Keaney -