Brexit ‘will lead to lower funding’ for SMEs

UK SMEs could lose out on huge amounts of European Union money and private investment if voters choose to exit the EU, new research has warned.

One significant source of investment in small and medium-sized businesses that will be cut off in the case of Brexit is from the European Investment Bank (EIB).

Last year alone, EIB invested €7.8bn in the UK economy — more than it’s ever done so before.