Brexit weighs on business sentiment

More than a quarter of businesses in the Republic say the Brexit vote has already had a negative impact, with two out of five in the North saying the same.

Over half of businesses in the Republic and the North are pessimistic about the effect Brexit will have on their business in the next five years, the survey found.

Fewer than one in 10 businesses felt Brexit had a positive impact. Currency fluctuations benefited the 50% of businesses in the Republic importing from the UK, while the 20% who export to the UK have been feeling the cost of weaker sterling.