Small- To Medium-Sized UK Retailers Fear Brexit The Most, Study Finds

By: Gyarmati Orsolya Date: 2019. 11. 07. 08:10

More than a quarter of small- to medium-sized UK retailers believe that Brexit remains the biggest challenge to their future survival, despite British Prime Minister Boris Johnson’s efforts to negotiate a working deal with the European Union.

According to a study by finance solutions provider Duologi, 27% of SME retailers said that Brexit poses the ‘most significant threat’ to their operations.

In addition, the study also found that 62% of retailers say that they currently feel ‘unprepared’ for Brexit, ahead of the forthcoming UK general election on 12 December.

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