Tuesday November 24, 2020

Firms hoping for the best rather than planning for the worst face the most danger

Many businesses are waiting, anxiously hoping for a positive outcome on key issues that affect them, but this is an extremely risky strategy

30th August, 2020
Lines of tractors block access to Dublin Port during a farmers protest over beef prices earlier this year. The agricultural sector could be negatively affected by tariffs post-Brexit and agri businesses should prepare now. Photo: Sam Boal/RollingNews.ie

January 1 is approaching. The Covid-19 pandemic has taken some attention away from the fact that Britain is about to leave the EU single market and customs union on terms currently unknown, or perhaps without a deal at all.

But it’s going to happen. An extension to the transition period may be agreed due to the disruption to negotiations caused by the Covid-19 pandemic, but this is no cause for raised hope for a more favourable...

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