With less than a month to go till the European Referendum the debate is heating up on a number of key areas – including the impact on SMEs. Could leaving the European Union decrease red tape for SMEs, giving business owners more freedom and independence? Or could it make trading with our key European partners much harder?
Pro-European campaigners are trying to convince the electorate to vote ‘Remain’ by highlighting quotes from key business and economic figures. The Governor of the Bank of England, Mark Carney, recently warned that a majority vote to “leave” in next month’s European Union referendum carried the risk of a “technical recession” for the UK. Billionaire businessman Richard Branson warned back in March that leaving the European Union would be “the worst decision the British public ever made”.