Local traders say leaving Single Market would be bad for business – Survey Results 2017

Version 2

This report was first posted on 20th February 2017.

“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.

Verbatim comments from local traders can be read in these separate posts, below:

SURVEY RESULTS

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

q1-numbers

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

q3-graph
27.08% say they export to the EU

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

q4-numbers

q4-graph
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

q5-graph
81.25% of respondents have suppliers or business partners who do business with EU countries

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