1/5 of Irish businesses ditch expansion plans over Brexit

More than a fifth of Irish businesses who were going to expand have ditched their plans because of Brexit.

According to the AIB Brexit Sentiment Index, a quarter of small and medium enterprises are also reviewing whether they should invest more.

The index has found only 4 per cent of SMEs have a plan in place to deal with the potential consequences of Brexit.

AIB's Catherine Moroney says some industries are more concerned than others: