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October

MGI World

Should we stay or should we go?

6th October 2015

MGI World MGI Worldwide, UK & Ireland Area member firm chartered accountants Midgley Snelling logo

A survey conducted by Midgley Snelling LLP has discovered that 57 per cent of those questioned would opt to stay in the EU if a referendum was held imminently.

They surveyed their UK clients and found that although opinions varied, the majority of respondents would elect for Britain to remain part of the European Union. Of those, 54 per cent currently trade with the EU and nearly two-thirds think that their business will not be affected if an ‘out’ vote were to win. 

Comments received from participants included: “I would vote in for a trading union and a relationship on mutual interest and co-operation and defence, but do not want political union,” as well as: “Extra customs paperwork for sales outside the EU now is a headache. It would be a nightmare if we had to do this for EU sales as well.”

On the other side of the fence, views were: “I simply don’t believe that the European project is workable in practice – look at Greece,” and “I do not want to be associated with an undemocratic state.”

Tracey Wickens said: “Although our survey focused on trading within the European Union, it is of course important to note that trade is not the sole issue and whilst we have obtained a handle on the opinions of our clients, there are also political implications to consider.”