Framed on the basis a no bilateral trade deal between the EU and the UK, Budget 2021 largely factored this into its thinking.

Absence of such a deal will reduce Irish growth by just under three percent in 2021, the Department of Finance estimated with an expected growth of 1.75 percent.

As part of the Budget, €340m in voted expenditure will be spent on Brexit supports, including the recruitment of 500 additional staff for operational checks.

Head of Enterprise with Clare’s Local Enterprise Office, Padraic McElwee told The Clare Echo that businesses must be alert on the impact Brexit will have on their day to day operations. “The biggest challenge is businesses not paying attention to Brexit. I would welcome any supports that are there to help businesses navigate the twin trap of Covid and Brexit”.

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Subscribe for just €3 per month

If you’re here, you care about County Clare. So do we. Did you rely on us for Covid-19 updates, follow our election coverage, or visit The Clare Echo every week for breaking news and sport? The Clare Echo invests in local journalism and we want to safeguard its future in our county. By becoming a subscriber you are supporting what we do, will receive access to all our premium articles and a better experience, while helping us improve our offering to you. Subscribe to clareecho.ie and get the first six months for just €3 a month (less than 75c per week), and thereafter €8 per month. Cancel anytime, limited time offer. T&Cs Apply. www.clareecho.ie.

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