Survey: Brexit will boost UK businesses’ global reach, consumers say

UK-Currency-Money-Coins-700.jpgThe majority of British consumers believe Brexit will extend UK companies’ global reach, a survey by Asset Match shows.

The nationally representative research across 2,000 UK adults found 54 per cent of UK adults – equating to 27 million people – think Brexit will enable UK businesses to expand globally, with 50 per cent of respondents saying they will make a conscious effort to support UK brands.

Entrepreneurs will benefit most from the UK’s post-Brexit economy, 49 per cent of respondents say, while 46 per cent are confident in the UK’s economic position following Brexit.

Furthermore 43 per cent think UK businesses will benefit from Brexit more than any other group while 34 per cent say growth businesses are set to benefit most within the private sector.

Stuart Lucas, Co-CEO of peer-to-peer share trading platform Asset Match, says:

“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 among 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 consumer support could not be more important.”