French Duncan, the member firm of HLB in Scotland, worked together with the other HLB UK member firms to conduct a survey among UK clients and contacts to see what they thought of Brexit and its current progress. The survey provides an understanding of what the UK SME sector currently thinks of Brexit.
It appears that most of the respondents have a broadly anti-Brexit view. This view is more strongly held in Scotland compared to the rest of the UK.
Only a small portion of the survey population said that the Brexit negotiations are going well, while it is common opinion that the UK Government could have handled the negotiations better and that the EU has been fair throughout the negotiation talks.
To conclude, UK SMEs suggested that a “Soft Brexit” and remaining in the Single Market would be the best solution for them.