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Sajid Javid issues warning to small businesses about EU exit

Sajid Javid, Secretary of State for Business, Innovation and Skills will state that leaving the EU will have a negative impact on UK small businesses.

Addressing the fact that 1.2 million small and medium firms are currently involved in exporting to the European Union, today he will state that they will be “on the front line" if the UK votes to leave the EU on the 23rd June.

On visiting Birmingham, he will argue against the leave vote in his planned speech.

Stating that a quarter of all small businesses in the UK either export goods to Europe or supply firms that do, he will disprove the commonly used Leave argument that only a small number of British firms rely on trade with the EU.

"This shows yet again that Britain’s small businesses are stronger, safer and better off in Europe" 

"If we leave the EU, small firms are on the front line and that's a gamble with people's livelihoods I'm not willing to take.

"Small businesses are the backbone of our economy. Let's not break that backbone with a leap into the dark" Javid will say.

However, John Longworth, chair of the Vote Leave Business Council  has argued that Javid has “changed his mind” on the EU debate, dubbing the governments figures as “highly questionable” and stating the red tape associated with the EU has damaged business.

"I agree with what Javid used to say about the EU - before he changed his mind for reasons we can only guess at. EU rules damage all British businesses, and smaller businesses in particular - and hold us back from trading freely with the rest of the world.

"These government figures are extremely questionable. The reality is that only six per cent of British firms export to the EU, but 100 per cent are caught up in red tape and costs from Brussels. If we Vote Leave and take back control of our economy, our businesses will thrive" he says.

Melanie Luff

About the author

Mel wrote for all titles in the Dynamis stable including, and as well as other global industry publications.


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