Friday 24 March 2017

Uncertainty is understandable - but Irish business has already taken a hit

'Uncertainty. Get used to hearing that word every time attitudes towards the Brexit vote are measured over the coming months.' Photo: Getty Images
'Uncertainty. Get used to hearing that word every time attitudes towards the Brexit vote are measured over the coming months.' Photo: Getty Images
Colm Kelpie

Colm Kelpie

Uncertainty. Get used to hearing that word every time attitudes towards the Brexit vote are measured over the coming months.

The survey by GroupM suggests consumers are worried, but there's an element of head scratching about what it all means. And how could it be anything else? The UK is in political and economic limbo. Theresa May isn't expected to pull the trigger on kick-starting negotiations with the EU until 2017, meaning the remainder of this year will be dominated by speculation and little real sense of what the post Brexit world will look like.

The survey shows that 64pc are concerned about the future of the country as a result of Brexit. That's hardly surprising given the multitude of economic reports and analyses that have argued Ireland's strong links with the UK means the latter's EU withdrawal will be a negative for us.

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