Small Businesses in Scotland Feel Uneducated on EU Vote

Posted on 26 February, 2016 by Editor in Chief

According to a survey more than half of small businesses in Scotland feel that they are not well informed when it comes down to the EU referendum.

Small Businesses in Scotland Feel Uneducated on EU Vote

From the results 76% of respondents have decided on how to vote however 20% still may change their minds.

The feedback was gathered from 4,000 firms across the UK with 520 from Scotland. FSB discovered that EU decision making and the free movement of people were pointed to as “top concerns” for the small businesses.

Further factors, in how individuals will vote include economic impact on the UK, the administrative burden of regulations and finally the cost of EU membership.

When asked on how well informed they feel about the referendum on the UK membership of the EU, 42% confirmed that they are not very well informed. However, 56% said that they have reached a decision on how they will vote.

An additional 20% have made their decision but could change their mind, leaving 23% undecided.

FSB’s, Andy Willox, Scottish Policy Convenor, said: “This ground breaking survey reveals the big questions for Scotland’s smaller businesses ahead of June’s EU vote.

“However, with every second business owner feeling uninformed about the key issues, both sides of this debate have their work cut out to close the information gap.”

He continues,”The desire of Scotland’s small businesses to know the practical impact of their vote was a “clear echo” of the independence referendum campaign.”

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