Brexit Red Tape Hurt Irish Firms More Than Covid Supply Snarls
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More than half of Irish businesses said they experienced increased regulatory burdens because of Brexit in 2020 -- exceeding the 40% that endured global supply disruptions due to Covid-19.
Despite the extra red tape, the UK remained the most-popular location for purchasing and supplying goods, followed by the European Union, according to the Central Statistics Office’s Global Value Chain survey of companies employing more than 50 people.