SMEs Post-Brexit: A New Horizon for Business? | IPT
Chair: Bill Esterson MP, Shadow Minister for Business, Energy and Industrial Strategy and for International Trade
Speaker: Sue Douthwaite, Managing Director, Santander Business
Speaker: Mike Cherry, National Chairman, Federation of Small Businesses
Dinner Discussion

Date:

Monday 18 March 2019

Venue:

House of Commons

Start Time:

19:00

End Time:

21:15

UK small and medium-sized enterprises (SMEs) account for over 99% of all private sector business, totalling 60% of private sector employment in the UK. SMEs combined turnover constitutes almost 47% of private sector turnover in the UK, reaching an annual total of £1.8tn. Supporting the growth of SMEs and start-ups is therefore essential in the pursuit of innovation and prosperity in the whole of the UK economy. As SMEs try to predict and prepare for potential Brexit outcomes, such as disruptions to their supply chains, maintaining a skilled workforce, single market access, new trade deals, regulatory uncertainty and on the potential for reduced capital investments, how can the UK Government support SMEs post-Brexit and enable this to be a catalyst for growth and innovation?

 

This dinner discussion will:

  • Review Government progress in engaging with the SME sector, including start-ups and scale-ups, to help inform their future UK-EU relationship
  • Explore how SMEs can mitigate any potential risks to business, trade deals and recruitment
  • Consider how SMEs can take advantage of new trade opportunities during the transition period and beyond
  • Discuss how the Government will support SMEs continue to recruit and retain EU nationals.