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

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