New €75m Fund Launched To Invest In Irish Food And Beverage Companies
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Musgrave Appoints New Chief Financial Officer
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Irish companies are bracing themselves for delays in deliveries, product shortages and increased costs as Brexit-related trade issues begin to emerge.
A steep fall in freight volumes in recent weeks - as well as a move by Revenue to temporarily waive some red-tape requirements - meant that problems with the new Brexit customs regime had not led to wide scale traffic disruption at ports last week.
But, the Sunday Independent has spoken to several exporting firms, retailers and industry representatives who said they were already seeing signs of problems and have concerns these may worsen as trading volumes return to normal levels. Food retailers have noted issues relating to some products, which may lead to short-term delays and increased consumer costs.