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Only 4% of businesses here prepared for consequences of Brexit

Harry Keaney -
Only 4% of businesses here prepared for consequences of Brexit

Only 4 per cent of businesses here have a plan in place to deal with the consequences of Brexit.

AIB's Brexit Sentiment Index has also found a fifth of SMEs have abandoned plans to expand because of fears about the impact of Britain leaving the EU.

Tourism, manufacturing and food & drink are the industries that are most concerned.

Catherine Moroney, Head of Business Banking with AIB, explains what those concerns are:

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[audio mp3="https://img.oceanfm.ie/prod/uploads/2018/05/moroney-brexit.mp3"][/audio]

Harry Keaney -