Brexit hampering business confidence

Business confidence amongst Irish companies has dipped to its lowest level this year, with the ever-changing uncertainties arising from Britain’s decision to leave the EU creating fresh concerns, according to a new survey.

After a strong showing in August, the September edition of Bank of Ireland’s monthly ‘economic pulse’ index — published this morning — makes for more sobering reading.

The overall index — which measures consumer, business and regional economic sentiment — dropped by three points to 90.4, making for the lowest reading to date in 2016.