Business leaders in several UK cities were surveyed about remaining in or leaving the EU. 56% said leaving would have a negative impact on their business, while 29% believed it would have a positive impact. Most thought the general economic conditions in the UK and EU would get worse or stay the same over the next year. When asked about their preferred future relationship with the EU, 64% wanted to remain as currently configured, while 15% favored closer political and economic ties and 11% wanted to leave the EU altogether.

1. Don’t know
Brexit lite – being part of an economic community without political links
We asked business leaders in London, Cambridge, Norwich and Hertfordshire
would you vote to stay or leave the EU?
47%Neither positive or negative
EU Referendum
What do UK
business leaders
feel about the EU?
The information contained herein is of a general nature and not intended to address the circumstances of any particular individual or entity. Whilst we have made an effort to provide accurate and up to date
information, it is recommended that you consult us before taking or refraining from taking action based on matters discussed. The above is based on our understanding of the relevant legislation effective at
March 2016. This has been sent on behalf of Price Bailey LLP on behalf of its group. Price Bailey LLP is a limited liability partnership registered in England and Wales, number OC307551. The registered office
is Causeway House 1 Dane Street Bishop’s Stortford Herts CM23 3BT where a list of members is kept. For more information about Price Bailey and regulatory details please visit www.pricebailey.com/legal.
Staying or leaving - What would be best for your business?
What do you think about the
general economic condition of the
UK and EU over the next 12 months?
What impact would leaving the EU
have on your business?
“You will have a change in the whole structure
with import duties added on. It will push up
prices and have a negative affect and push
up inflation”
“Because our export orders would decline.
Our customers find it easier dealing with
companies in the EU”
“Just to give us the bureaucracy again to
be able to look after ourselves... and deal
with markets outside the EU in a more
competitive manner”
“Because the EU rules which we are
suffering from are crippling companies
in this country. Specifically, the
employment rules”
Here’s what 200 business leaders in London,
Cambridge, Hertfordshire and Norwich said about
their business and the EU
Leave Stay
64%
56%
29%
15% 14%
11%12%
74%
28%
8%
London CambridgeNorwich Hertfordshire
100%
33%
56%
34%
13%
14%
30%
9%
28%Fairly negative
12%
Very
negative
7%
4%
4%Very positive impact
Don’t know
Fairly positive
20%
04%
10%33%
44%
14%
37%
40%
Be in the EU and stay the same as present
Be in the EU but move towards closer political and economic
Leave the EU altogether
UK EU
Improve
Stay the same
Don’t know
Get worse
Stay
Leave
Don’t know
Source: ‘Inside the Minds of Business Leaders – Report findings’ by
Price Bailey & Ipsos MORI. Available at pricebailey.co.uk/leaders