The number of businesses unprepared for no-deal Brexit is “a worry” according to InterTradeIreland.
It's latest all-Island Business Monitor shows the number of businesses expecting an increase in growth over the next 12 months is down to 2009 levels.
Number of businesses unprepared for no-deal Brexit "worrying''. https://t.co/PWRnNo010S pic.twitter.com/CW8oPNiVD9
— InterTradeIreland (@Inter_Trade) August 5, 2019
But only 11% of respondents say they have made any preparations in the event of a 'no-deal '.
Aidan Gough, InterTradeIreland's Designated Officer and Director of Strategy and Policy, says the disparity between businesses recognising Brexit as the key issue facing them and the number actually preparing for it remains a worry:
“Brexit is by far the biggest challenge and businesses now have to face to the reality of the potential of a no deal. What we’re seeing and what is very worrying is that the vast majority of businesses are unprepared for a Brexit that has become very real.
“What we’re saying to businesses is don’t wait until the last week. Get prepared now. Planning is never wasted.”
