Small business views on the hung parliament

We asked our Small Business Panel what they think about the hung parliament, the NI increase and which leaders they think will pull us through.

What impact on the British economy do you think a hung parliament will have?

Do you feel that the National Insurance increase will have a negative impact on your business?

Which political party best represents the interests of small business in the UK?

In the hung parliament, which party should the Liberal Democrats align themselves with in your view?

Additional observations

25% of small businesses on the panel were rooting for a hung parliament of some kind during the election
Of those who felt a hung parliament would be negative for businesses, the main reasons cited were that it would mean a lack of clear leadership/direction for the UK, and that it would mean continued devaluation of the pound.
Slower decision making was also a factor
Small businesses were less pessimistic about the impact of a hung parliament on British entrepreneurialism, with about half of respondents saying it would have no impact or a positive impact.
The Conservatives were the clear front-runners when it came to the question of which of the main three parties better represents the interests of business in the UK
105 small businesses were surveyed for this research

More about our panel