IDA chief: Brexit relocation decisions due ‘within weeks’

Many companies planning to move from the UK in the aftermath of Brexit will be making decisions on new locations within weeks, according to IDA chief executive Martin Shanahan.

Speaking in Limerick yesterday, Mr Shanahan said having completed all the advance preparations, companies are now fixing their sights on non-UK site options. He told a business breakfast at the city’s Savoy Hotel that “my expectation is that in the next number of weeks we will see companies making decisions about where they are going to locate in a post-Brexit world.”

He said these companies are going to move ahead because they have to.