Small Business Owners At Odds With Boris Johnson Over Brexit Stance

Over 60% of small enterprises wish for the UK to remain in the European Union

Small Business Owners At Odds With Boris Johnson Over Brexit Stance

Small business owners are at odds with Boris Johnson’s recent support for a British exit (Brexit) in the upcoming EU referendum, a report by Moore Stephens has found.

A survey of nearly 500 small to medium sized enterprises, the research found that just 17% of business owners supported a Brexit exit with a majority of 60% wishing to remain in the EU.

Mayor of London Johnson announced his pro-Brexit support last week after reports that he was unimpressed with David Cameron’s recent negotiations in Brussels.

Last month it was revealed that small businesses feel they were too dependent on the EU market to warrant leaving.

Mark Lamb, partner at Moore Stephens, said:

“The pound is already under pressure following London mayor Boris Johnson and other political heavyweights coming out this week in support of ‘Brexit’ – which could lead to volatile financial markets in the run-up to the referendum.

“A Brexit is also likely to rekindle the Scottish independence debate which small business owners predict will further impact business – as we saw in the run up to the referendum in 2014.”

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