UK business opinion moves towards exit

London

NO wonder support for Britain's European Union membership among small and medium-sized businesses is crumbling. Opinion is moving in favour of Leave among business owners no longer cowed by self-serving multinationals and big business lobby groups such as the Confederation of British Industry.

A survey by my old employer, the British Chambers of Commerce in May, showed a seven percentage point increase in the number of business people supporting Leave - to 37 per cent - compared with a previous survey in February. Of the firms trading only in the UK, a majority now favour leaving, as do those who export only outside Europe. Roughly 95 per cent of UK businesses fall into one of these two categories.