File photo. Pictured are crew members aboard the LE Niamh in Dublin, washing the ship. Image: Leah Farrell/Rollingnews.ie File photo. Pictured are crew members aboard the LE Niamh in Dublin, washing the ship. Image: Leah Farrell/Rollingnews.ie OVER THE NEXT three months, a quarter of businesses expect to have earnings that are 70% below their usual level, according to a survey published today by Chambers Ireland.
Businesses that re-opened in Phase One included hardware stores, builders merchants, farmers markets, garden centres, car retailers and businesses that offer office products and services. Businesses located in the west, the south-east and border counties are reporting the highest expected declines in revenues over the coming months.
“Self-employed and sole traders have closed entirely, invoice arrears are increasing, contributing to growing debt levels – and all of these problems are amplified for small businesses,” he said.
Stay home, save lives?