The Economic and Social Research Institute (ESRI) has found there is limited overlap between the parts of the economy most exposed to Brexit and the parts most exposed to the impact of Covid-19.
In a working paper, the ESRI said that if a no-trade deal Brexit were to occur, more companies overall would be faced with a serious risk.
But this would not be due to the interaction of companies between sectors exposed to Brexit and sectors exposed to Covid. The paper suggested the hospitality and construction sectors are expected to have "almost no impact from Brexit" but are very exposed to Covid.
It said that insurance and the financial services sectors will be the most exposed to Brexit, but are only in the mid-range of impacts from Covid.