Second Covid-19 wave 'the biggest risk’ to firms

11th April 2020...... A near deserted St Patricks street, Cork on Easter Saturday during the Covid-19 pandemicPicture: Eddie O'Hare

A second wave of the Covid-19 pandemic is the single biggest threat to Irish business, according to a large number of companies in a survey.

Just over a third of respondents to an Institute of Directors (IoD) survey of business leaders said a fresh Covid outbreak is the biggest risk facing their company. However, other concerns exist, with a quarter of companies seeing the reluctance of some staff to return to work – due to Covid fears – as the biggest barrier to recovery and growth.