Local traders say Brexit is bad for business – Survey Results

Version 2

  • “After the referendum result we spent six months absorbing cost increases.
    Since January we have had no choice but to pass these increases on to our customers”.
    Jon Gage, Rivar Sand and Gravel (see photo above).

Two thirds of local traders and service providers who took part in West Berks Business Brexit Survey survey think their business is going to be hurt when we leave the EU and the single market.

The consultation was part of a national exercise for small businesses. Newbury and West Berks Liberal Democrats wanted to make sure that the views of our local traders and employers were properly represented in the national results. The consultation ran online from 19th October to 14th December 2016.

  • “If tariffs are introduced for British businesses trading with the EU,
    the effect on my business will be catastrophic!”

The news is that two thirds of local traders and service providers who took part in the survey think their business is going to be hurt when we leave the EU and the single market. Many report that their costs have gone up already and that they have no choice to but to pass these onto their customers through increased prices.

  • EU funding supports nearly 45% of the post 16 funding.
    There is
    nothing in the plans to show how this loss will be addressed.”  

The Liberal Democrats continue to believe that Britain is better off in Europe, but our immediate priority is to make sure small local businesses do not pay the price of a rushed withdrawal.

The results of the survey are being used to draw up a list of negotiating requirements, which the Liberal Democrats will call on the Government to achieve.

More comments from the survey responses will follow
in separate posts, published in the next few days.

RESULTS

Q: Do you expect Brexit to have a positive or negative impact on your business?

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q1-graph
66% of people who responded expect Brexit to have negative impact on their business

Q: Do you export to the EU?

q3-numbers

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27.08% say they export to the EU

Q: Do you import products or materials from the EU?

q4-numbers

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47.92% import products or materials from the EU

Q: Do you have suppliers or business partners who do business with EU countries?

q5-numbers

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81.25% of respondents have suppliers or business partners who do business with EU countries

More comments from the survey responses will follow
in separate posts, published in the next few days.

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