UK small businesses want EU stay

The small business owners of Britain have had their say on European Union membership… and the majority are in favour of remaining a member.

A study conducted by the Federation of Small Businesses showed that almost half of business owners would opt to stay, with that the percentage rising to almost 60 per cent in certain regions.

Staying power

The results showed huge differences in the opinions of those spread throughout the UK, although the overall sentiment was that British businesses wanted to stay put – 47 per cent would vote to stay, 41 per cent would vote to leave and 11 per cent are undecided.

Scotland and Northern Ireland were the most in favour of remaining in the EU, as they voted 59.9 per cent for and 54.2 per cent for respectively.

In England, somewhat unsurprisingly, London had the highest percentage of votes to stay with 55.4 per cent, followed by the North East (51.3 per cent).

Time to leave

The two most opposed countries to EU membership – England and Wales – saw 43.1 and 38.6 per cent of businesses vote against remaining part of the union.

Business owners of the Midlands seem particularly keen to exit the EU.  The East Midlands had the highest percentage of votes in favour of leaving with 48.7 per cent, while the West Midlands had only a slightly lower percentage at 47 per cent.

Confusion

The poll also revealed a worrying lack of both understanding, fuelled by a lack of unbiased information.

Interviewed for the report, a business owner in the West Midlands said: “I feel poorly informed about the issues. I don’t feel ready in any way to make a decision of such magnitude.”

Incredibly, over one third of the surveyed business owners felt relatively uninformed about the approaching referendum.

Should the UK stay in the EU? What do you think? Let us know in the comments below!

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