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No Slowdown for UK SME Sector After Brexit

LONDON, UNITED KINGDOM — (Marketwired) — 08/25/16 — The good news for the UK economy from the SME sector is that Brexit appears to have had little or no affect on start-ups. SME growth and start-ups have both proven to be “exceptionally resilient” in the wake of the EU referendum according to Max Wallace Managing Director of MySheriff.co.uk.

Data collected from SME businesses using the website suggests confidence is up and entrepreneurs are still finding ways to beat margins created by the slump in the pound or take advantage of new markets with lower priced products, Max Wallace explains: “The fall of 10-15% of UK Sterling was of course worrying but we under estimate the ability for our entrepreneurs to adapt in this changing environment.”

He added: “Leaving the EU was never going to be easy and I–m sure there–s still some nerves out there, that being said our SME sector is proving to be exceptionally resilient.”

Sheriff Directories Ltd
Max Wallace

Posted by on 25. August 2016. Filed under Picture Gallery, Software. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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