Business Growth Fund (BFG)

Support for Brexit Growing Among UK Business Owners

Support for Brexit Growing Among UK Business Owners

Just 63% of UK small business owners wish to remain in the EU compared to 82% last year, suggesting support for a Brexit is growing – according to a report by the Business Growth Fund (BFG). The survey of 320 small enterprise owners found that 71% believe the UK’s EU membership gives British businesses invaluable access to European markets, while 59% said they were concerned that a potential Brexit would stifle business growth. If Britain does vote to leave the EU, 47% believe it will prompt multinational companies to relocate operations overseas with 71% believing that it will trigger another Scottish independence referendum. Reflecting frustration with the EU, more than two-thirds of respondents (69%) claim that Britain’s membership of the EU saddles British business with unnecessa... »