According to RTE, the Covid-19 pandemic had a big impact on company formations last year, with the number of new firms established in 2020 hitting a four year low.

In total 21,924 new businesses were registered over the 12 months.

The decrease was almost nationwide, with 24 counties recording a drop across the year.

Just Mayo and Tipperary saw year-on-year increases, with Leitrim, Meath and Clare among the counties with the largest drop in new firms registered compared to 2019.

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