UK trade prospects after Brexit

It is of the general knowledge of citizens of the UK that there is uncertainty towards the future of trading due to the UK leaving the EU. This uncertainty is having a negative impact on business across Britain. 

Mannion, Lee. 2017. UK social enterprises fear loss of funds with Brexit, survey says. [ONLINE] available at: https://uk.reuters.com/article/britain-business-social/uk-social-enterprises-fear-loss-of-funds-with-brexit-survey-says-idUKL5N1M23TK

'“It’s worth noting that one in 12 social enterprises gets some income from Europe,” Nick Temple, deputy chief executive of Social Enterprise UK (SEUK), which represents the growing sector, said at a briefing.'

The article also states that one of the major worries within British entrepreneurs is whether they will be eligible for EU grants and technical support after the UK's departure.

Charity Digital News. 2016. Majority of social enterprise leaders would vote to stay in the EU. [ONLINE] Available at: https://www.charitydigitalnews.co.uk/2016/02/05/majority-of-social-enterprise-leaders-would-vote-to-stay-in-eu/

'Three quarters (74%) of those running social enterprises would vote for Britain to stay in the European Union (EU) if a referendum were held, according to new research.

The survey, carried out by Social Enterprise UK (SEUK), found that only one in seven (15%) who would vote for Britain to leave.

Of the social enterprise leaders surveyed, 67% said they would be worried if Britain left the EU because of access to European social funds.' 

This data would suggest that UK Social Enterprises are worried for their future due to Brexit, whether that be through the loss of trade or not qualifying for current EU grants. The data would suggest that there is a need for reassurance of SE's future as they require the support from the public to ensure their continuation as a business.