UK SMEs need ‘extra support’ following £1m shortfall

Posted on 5 Nov 2019 by The Manufacturer

An overwhelming number of UK SMEs have said that ongoing uncertainty surrounding Brexit has cost them around £1m in lost revenue, with almost half blaming a lack of preparation on the government.

New research surveyed from 1,000 British businesses found that during the past three years just 5% had not experienced significant financial costs because of the UK’s vote to leave the EU, while a majority estimated they had suffered a £1m shortfall during the same period. The UK is currently due to…

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