Friday April 3, 2020

Over 80% of firms suffering from recession’s impact

The recession is continuing to take its toll on companies, with 86 per cent of firms reporting a severe or moderate impact from the downturn in a new survey.

5th June, 2010

The recession is continuing to take its toll on companies, with 86 per cent of firms reporting a severe or moderate impact from the downturn in a new survey.

The InterTrade Ireland survey of 1,000 owner-managers of businesses - 500 in the Republic and 500 in the North - found that more than half of the businesses recorded a fall in revenue and profits in the first quarter of the year.

Labour costs were a major concern for almost...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago