Brexit: the impact so far

Posted Posted in Brexit, Exports, Investment, Midlands Engine, Northern Powerhouse, SME Confidence Tracker

At the Conservative Party conference in Birmingham this month, Theresa May announced that Article 50 of the Lisbon Treaty would be deployed by the end of March 2017, signifying the UK’s intent to leave the EU by summer 2019. Although this was expected sometime before the end of the year, the announcement sent the pound spiralling to a new 31-year low against the dollar as the impacts of the UK’s exit from the EU were […]

Brexit means Brexit. But what does Brexit mean for SMEs?

Posted Posted in Bank of England, Exports, SMEs

The Federation of Small Businesses and The British Chambers of Commerce met with Theresa May earlier this month as a way for the new Prime Minster to ask the SME community what they need post-Brexit. The Prime Minister has assured small businesses that cuts to EU funding will be replaced and that the SME sector would be “at the heart” of the renegotiation strategy. But what exactly does Brexit mean for Britain’s small businesses? Can we […]

The waiting room of change

Posted Posted in Enterprise Bill, Exports, Small Business Conciliation Service, Small businesses, SMEs

From the outset, the newly elected Conservative Government made its ambition to nurture small businesses clear.  In Sajid Javid’s first speech as Business Secretary, he said that “small businesses are Britain’s engine room and the success of our whole economy is built on the hard work and determination of the people who run and work for them”. Meanwhile in a signal of the Government’s specific commitment to small business, Anna Soubry’s role was re-named Minister […]