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SME Data Hub

Each quarter 1,000 UK SME owners across a range of sectors, regions and sizes, are surveyed by specialist independent researcher, Kantar, on Close Brothers’ behalf.

Use the drop-downs to select a year and quarter to look at the data we collected at that time.

Accessing the data

This data is free for you to use. All we ask is that you credit 'Close Brothers Asset Finance' if you do use it.

Select the year/quarter: Each 'wave' was collected at a specific time. Just select from the drop-down (above) the year/quarter you wish to view. 

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Filter the data: Use the filters on the right to see the results split by gender, location, turnover, and industry. 

Compare data: If the same question has been asked in other years/quarters, you can use the drop-down underneath each chart to see how results have changed over time.

Brexit

27

%

of SME business owners thought Brexit would actually happen

Summary

Published August 2019

UK SME business owners voiced their concern that what they wanted and what they were going to get from the Brexit process was going to be very different. The survey of 900 firms conducted in April 2019 showed that while four in 10 respondents wanted the UK to leave the EU, only 27% thought it would actually happen; a further 27% wanted the UK to remain in the EU while just 12% thought this would be the eventual outcome.

Questions

Are you in favour of the UK leaving the European Union?

yes 39.1%
no 44.1%
Unsure 16.8%

Do you believe leaving the European Union will have a positive or negative impact on your business?

positive 34.1%
negative 33.7%
Unsure 32.2%

What is the main positive impact you believe leaving the EU would have on your business?

Growth through increased export opportunities 16.2%
Reduced import costs for raw materials 16.9%
Growth due to reduced regulation and red tape 33.8%
Tax reductions, resulting in lower costs 9.3%
Growth as a result of a strengthened UK economy 13.4%
Other (please specify) 2.8%
Unsure 7.6%

What is the main negative impact you believe leaving the EU would have on your business?

Increased costs associated with trading within Europe 38.3%
Reduced export opportunities due to increased restrictions associated with trading within Europe 35.9%
Lack of access to skilled staff 10.8%
Other (please specify) 2.8%
Unsure 12.2%
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