Companies that reopened under the first phase of the lifting of Covid-19 restrictions are experiencing less than half of their usual level of business activity for this time of the year, a new survey has found.
The nationwide survey of businesses across the country also found that a quarter of respondents expect to have earnings that will be 70% lower than usual over the next three months.
The data, gathered by Chambers Ireland, also shows that smaller firms have seen their revenue reduced more significantly than larger ones. "Our research clearly shows that the hard work of restarting our economy is only beginning," said Ian Talbot, chief executive of Chambers Ireland. "Even in the absence of further waves of Covid-19 there is an immense