Innovation long-fingered as business copes with cost pressures

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InterTradeIreland’s All-Island Business Monitor says worrying feedback likely to affect future growth

, which was designed to overcome some of the difficulties Brexit created in relation to trade between Northern Ireland and the rest of the UK and between Ireland and Britain, also feature in the report.

But the number of businesses saying they have adapted largely or in full to the new trading conditions that Brexit brought with it has dropped from over half to 34 per cent, the lowest in the last four quarters. “It would be unwise to read too much into one quarter of data but it is reasonable to assume that the ongoing implementation of the Windsor Framework has prompted more businesses to examine its practical implications,” Mr Robinson said.

 

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