Two-thirds of businesses ‘not yet prepared for Brexit’

Almost two-thirds of businesses have not yet taken steps to prepare for Brexit with lack of information, cost, and language cited as barriers to new markets, an Enterprise Ireland survey has found.

The group surveyed 600 businesses to coincide with its International Markets Week event in Dublin, where, over three days, hundreds of companies will discuss the challenges of Brexit and entering new markets.

Almost two-thirds of those who are not exporting to the eurozone plan to do so in the next 12 months, but just 38% of businesses are taking steps to combat the effects of Brexit, the survey found.