Small Business

Multinationals may seek to preserve the status quo after Brexit but Britain’s small businesses want change

There has been a long-running narrative that business wants no Brexit, or at the very least a Brexit so soft it amounts to the same thing. This myth has been supported most ardently by big business groups like the CBI and by a number of MPs, notably Philip Hammond, the Chancellor, and Greg Clark, the Business Secretary.

The CBI is dominated by large multinationals, which have much to gain from maintaining a status quo whereby they can continue to segment markets, game the regulatory system and create barriers to entry that keep out their smaller competitors.

As someone who chaired the CBI’s distributive trades panel and served as the organisation’s economic spokesman for several years, I know…


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