Taking stock of damage brought by Brexit storm

Some real economic indicators, a few more forward-looking indicators, and a fair degree of anecdotal evidence are all pointing towards some slowing in Irish economic activity. In the event of the UK leaving with a deal and the prospect of a negotiated trading relationship further down the road, Ireland will breathe one hell of a collective sigh of relief.

And the negative economic vibes will do an about-turn. But it is worth taking stock of the damage that the Brexit storm has already caused. No one is suggesting a move towards outright recession is imminent, but it is clear the vast uncertainty and fear in relation to Brexit are taking a real toll on confidence and economic activity.