Brexit funding gap is a threat to small business growth and productivity, report warns

Billions in EU funding for small UK businesses is about to get shut off

Small businesses will be “staring into a business support black hole” if the UK fails to replace billions of pounds in EU funding, a new report has warned. The EU has dedicated £3.6bn to supporting small businesses in the UK between 2014 and 2020, but prospects for growth will be severely hampered if the Government fails to fill the shortfall after Brexit, according to the Federation of Small Businesses (FSB).

 

Written by CSG

Financial Services

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s