More than three quarters of business in Ireland and Northern Ireland said Brexit had not noticeably impacted their sales ARTUR WIDAK/NURPHOTO VIA GETTY IMAGESThe majority of Irish companies have yet to suffer a drop in sales as a result of Brexit, but many have cancelled expansion plans due to the uncertainty caused by the vote. That’s according to AIB’s Brexit Sentiment Index, a quarterly survey that polls 500 small and medium businesses in the Republic of Ireland, as well as another 200 in Northern Ireland. Slightly more than three quarters of businesses in the republic said that Brexit has had no noticeable impact on their sales, with a similar percentage in the North agreeing. For businesses that had noticed an impact, most said that they were affected by adverse currency movements, as the value of sterling fell sharply in the wake of the UK’s vote to leave the…
Source: The Times May 10, 2018 23:02 UTC