Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites.
Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. For avoidance of any doubts and to make it easier, you may consider any links to external websites as sponsored links. Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.


A survey of 1000 UK SMEs, commissioned by cloud accountancy software Pandle, has uncovered that six out of ten UK SMEs are confident in the government’s ability to negotiate trade deals, and over one in three think that brexit will positively impact their business.

In light of the recent triggering of Article 50, almost half (47%) of UK SMEs feel that they’re being rushed to prepare for Brexit, however 56% stated that the government is doing enough to support them. Similar findings have been published in The SME Growth Tracker report, which highlighted SMEs’ growing confidence – with businesses now forecasting a 2.3% rise in revenue growth.

While the majority of SMEs are confident in the UK government’s ability to negotiate trade deals, over four in ten (41%) are concerned that importing will become more difficult post-Brexit and that the deadlines set won’t be met. This issue will become a focal point in the negotiations as SMEs make up 99% of the businesses in every main sector in the UK and one in three (32%) small businesses are involved in overseas trade as importers and/or exporters, with the vast majority of these businesses trading with the EU single market.

“It’s important that the Brexit negotiators keep SMEs top of mind during the talks,” said Lee Murphy, owner of Pandle. “SMEs are the lifeblood of the UK and Brexit could easily make or break some of these businesses, especially when considering the tariffs that the EU may place on imports and exports.”