brexit SME

Over half of UK adults believe Brexit holds opportunities for British businesses, with many making a conscious decision to support UK-based companies to minimise the impact on the economy.

New research, undertaken by Asset Match, found “resounding” consumer confidence in the UK economy as Brexit negotiations begin. 53 percent of those surveyed thought Brexit would open up opportunities for UK companies to expand globally, with those over 55 showing the most optimism; 65 percent said they¬†thought leaving the EU would boost the economy.

Almost half of respondents said they are confident that the UK will emerge from Brexit in a stronger economic position, with 28 percent not predicting any notable change for better or for worse.

According to Asset Match, itself a London-based company who offer the UK’s first peer-to-peer trading facility, the survey results support the view that the UK government’s agenda is focused at supporting the nation’s business landscape as a priority over other factors.

Stuart Lucas, CEO of Asset Match, commented:

“When Britain voted in favour of leaving the EU, there was inevitable uncertainty around what this would mean for consumers and businesses. Nine months on and with Article 50 now triggered, it’s clear that there is a far greater sense of optimism and drive amongst the UK public in favour of the growth opportunities made available to the UK’s scaling businesses.

“The data has revealed that society deems last year’s referendum result as a Brexit for business, with the significant majority confident in the path Brexit will forge for private sector prosperity. During this vital time of transition, it will come as welcome news for any British company or brand that consumers are rallying behind them at a time where investor support could not be more important.”