Mr. Kieran Donoghue:

I thank the Chairman for her question. Companies and multinationals are certainly more aware of the challenges and opportunities of Brexit. They have taken advantage of the past 20 months to do a lot of additional research, analysis and due diligence to understand the specifics of the challenges and opportunities. Many are now in a position to select exactly how they will respond to Brexit. Different companies and sectors have moved at a different pace and some are more advanced than others but generally they are certainly more aware.

The resources made available from our parent Department to us are absolutely sufficient but it is something to keep under review. Depending on how Brexit plays out, whether it is towards the harder end of the spectrum or the softer, the impact on the economy and our clients will evolve and be different and they will need to review the resource situation accordingly. Is there an opportunity cost associated with Brexit? Are we missing out on other things as a result of Brexit? No. The honest answer is that Brexit is now part of the day job. Everyone is pushing themselves harder to deal with the challenges and pursue the opportunities so we have not lost out.