Costs breeding Brexit ‘complacency’

Three-quarters of Irish companies are under pressure from rising salary and insurance costs, according to a survey, with more than half saying high costs are forcing them to divert funds away from company growth and investment purposes, writes Geoff Percival. 

The ‘cost of doing business’ survey from business intelligence company Vision-net suggests that costs are contributing to Brexit complacency among Irish firms, with just 37% of respondents saying Brexit will increase their.

“Most Irish businesses agree that Ireland is a more expensive place to do business today than it was before the crash,” said Vision-net managing director Christine Cullen.