Opinion CHAMBER LINK
The Official Publication of Greater Birmingham Chambers of commerce
Editor’s View
By John Lamb
By the end of this month it all be over. The nation will have decided whether to remain part of the EU or not. In the event of victory for the Brexiters, there
is the prospect of Boris Johnson occupying Downing Street as PM and a President Donald Trump in the White House. After Leicester City, who would bet against it? Our story on a British Chambers survey in this
Sutton Coldfield
Chamber of Commerce
edition says the West Midlands is the UK’s most euro-sceptic region (see page 10) and points to the prospect of the referendum coming out in favour of leaving Brussels.
‘Apart from a dipping in confidence while the uncertainty remains, there has been little impact on business in the build up to the vote’
Front cover Mohammed Ahmed, owner of Al Frash restaurant See page 7
Editor John Lamb 0121 607 1781, 0797 1144064
j.lamb@
birmingham-chamber.com
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The consequences for UK businesses would
present an enormous upheaval and a significant impact on their operations. While London, Northern Ireland and Scotland
were the most pro-EU regions in the UK, in the West Midlands nearly half of business were in favour of leaving. According to the survey, if the EU referendum
was held tomorrow, 45.2 per cent of West Midlands businesses would vote to stay in the EU, whilst almost as many (44.8 per cent) would vote to leave. A number of respondents, 9.7 per cent, were undecided. Overall, 54 per cent of UK businesspeople say
Published by
they will vote to remain, with 37 per cent voting to leave. However, the ‘leave’ vote is now seven
per cent higher than it was in the last British Chambers’ survey, which was conducted in February. London, Northern Ireland and Scotland are the
most pro-EU regions in the UK. Size has been a big factor when it comes to
what small businesses think and their attitude may be a big factor in the vote with many of them favouring Brexit. This has all led to the race for the “business vote” tightening with the gap narrowing week by week. Apart from a dipping in confidence while the
uncertainty remains, there has been little impact on business in the build up to the vote on 23 June. But they all expect significant impacts if the vote is to leave. There has clearly been a drift against the
remain campaign in the closing months of the campaign and the race for the business vote has clearly tightened. This will be an important factor in the final showdown. The survey also explored how well business
people feel that they understand the long term business implications of the referendum and the Chamber has been on a mission to explain the issues with events addressing key questions. There is one to go with the Chamber holding a
‘Global Perspectives on the EU Referendum’ event on 8 June at the offices of Squire Patton Boggs. The event was looking at how businesses and investors outside of the UK view the referendum debate and how a ‘Brexit’ might – or might not – impact on trade. The Chamber has also created a number of EU
referendum briefing papers available on its website (
www.greaterbirminghamchambers.com) But after that it will be down to you…
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Advertising 0121 765 4144
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CHAMBERLINK is produced on behalf of Greater Birmingham Chambers of Commerce by Kemps Publishing Ltd and is distributed to members without charge. The Chambers and the publisher are committed to achieving the highest quality standards. While every care has been taken to ensure that the information it contains is accurate, neither the Chambers nor the publisher can accept any responsibility for any omission or inaccuracies that might arise. Views expressed in the magazine are not necessarily those of the Chambers. This publication (or any part thereof) may not be reproduced, transmitted or stored in print or electronic format without prior written permission of Kemps Publishing Ltd.
4 CHAMBERLINK June 2016
Birmingham Chamber Patrons
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