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Citibase’s exclusive Business Confidence Index is in Evening Standard, The Scotsman, Property Week and more

Leading publications have this week published the fascinating results from the brand new Citibase Business Confidence Index. It revealed that UK SMEs were upbeat on the ‘Trump effect’ showing just 18% think he will have a negative impact on business. This regular activity tracker of over 1,100 small businesses gauges their real opinions on the […]

Leading publications have this week published the fascinating results from the brand new Citibase Business Confidence Index. It revealed that UK SMEs were upbeat on the ‘Trump effect’ showing just 18% think he will have a negative impact on business.

This regular activity tracker of over 1,100 small businesses gauges their real opinions on the economic impact of Trump’s US election win and the Brexit vote here in the UK.

Read some of the coverage here:

Click here to read the article in The Scotsman

Click here to read the article in Property Week

Click here to read the article in Growth Business Today

Click here to read the article in Business Daily

Click here to read the article on WN.com

Click here to read the article on Smallbusiness.co.uk

Click here to read the article on InvestinUK

Click here to read the article in CoStar

Click here to read the article on Enterprise Nation

In contrast to many opinions that we have read the results were mostly positive, with two thirds of those surveyed believing Trump’s win would either be positive or have no impact on business with just 18% predicting a negative outcome. This shows that UK SMEs are putting negative sentiments behind them and focusing on trying to grow and develop their businesses.

Across the country more SMEs surveyed were mostly in favour of a soft Brexit (42%) compared to hard (33%). However, in London, those wanting soft Brexit jumped to over half of all those surveyed (54%). This indicates that London SMEs are keener to keep closer ties with the European Union post-Brexit than the rest of the UK.

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