Business Owners Not Swayed by Politician’s Views on Brexit

Posted on 25 May, 2016 by Chris Grigorovsky

With the EU referendum just one month away, a study has found that 56% of business owners care more about the facts than what political figures have to say.

EU Referendum

The survey by sage also found that 17% of respondents will be voting on gut instinct alone, while a mere 1% say that politicians or personalities will aid them in their decision making.

These findings come after a number of key figures have given their views on both leaving and staying. With Chancellor George Osborne warning that an EU Exit would make the UK and eight top economists saying the economy would be better off if Brexit happens.

However, despite the amount of information received from both sides, there are still a large amount (48%) of business owners and entrepreneurs that don’t feel informed enough to make a definitive decision.

Commenting on the findings, President of Sage Europe, Brendan Flattery, said: “Barely a day goes by that there’s not another surreal, sensationalist claim in the media: from claims of a world economic slowdown if we leave, to Britain becoming a ‘hostage’ to the EU if we stay, a potential European war, or to Europe being on the same ‘doomed’ path as Hitler.

“As this survey demonstrates, small and medium businesses, which make up more than two thirds of new jobs and generate more than €3.7 trillion across Europe, are hungry for the real facts.”

Mr Flattery concludes that a balanced argument is needed from both sides instead of “continuing on with ridiculous assertions from big personalities.”

Last month, we highlighted some of the key points from Savills’ report regarding the potential Brexit’s impact on the commercial sector.




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Interest Rates Impact on Commercial Property

Commercial Property Investment Outlook for 2023

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants