Some 41% of small businesses surveyed said they would vote Conservative in the general election, followed by Labour with 13%, Liberal Democrats on 9% and UKIP on 3%.
The survey found that 40% of small businesses believed that tax was the most important policy area, followed by Brexit (26%).
Funding Circle’s research also found that most small businesses are optimistic about their future turnover prospects despite the current uncertainty, with nearly 70% saying they expected it to increase within the next 12 months.
Half those expecting a rise in turnover believed it will increase by between 6-20%.
- The election merry-go-round
- Theresa May calls general election
- How will the snap election impact specialist lending?
Only 6% of respondents said they expected their turnover to decrease.
James Meekings, co-founder and UK managing director at Funding Circle, said: “It is heartening to hear that small businesses are optimistic about the next 12 months, despite the uncertainty caused by Brexit and a snap general election.
“Future UK prosperity depends on small businesses as they provide much-needed job creation and economic growth.
“This is why access to finance is crucial.”
More than half (55%) of respondents said they plan to hire at least one new full-time member of staff over the next year.
Leave a comment