British Manufacturers Remain in Favor of EU membership Despite Sluggish Demand

By Duncan Tift – Deputy Editor, West Midlands for BusinessDesk.com

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BRITAIN’S manufacturers remain overwhelmingly in favour of staying in the EU, according to new research published today.

Read also: U.K. Unemployment Falls While China Growth Cools: Global Economy

EEF, the manufacturers’ organisation, said the findings of its research showed that 85% of manufacturers in the UK would vote to remain within the EU.
In stark contrast, just 7% would vote to pull out.
The most positive support for staying in the EU comes from companies with more than 250 employees, where 90% would opt to stay in and not a single company would vote to come out.
The figures are in line with the last poll EEF carried out in September 2013 and come in spite of the continued economic problems of the Eurozone.
The current economic climate within the EU remains sluggish and despite recent hopes of recovery, orders placed with British manufacturers is a cause of concern for many SMEs.

Domestic trade is driving the UK economic recovery

By , 6:00AM BST 22 Apr 2014

Small and medium-sized businesses (SMEs) believe domestic trade is single-handedly powering the UK’s economic recovery, but fear the improving pound could mar their export opportunities further afield.

While company chiefs expect some improvement in the business environment this year, they are still plagued by worries over the state of the global economy, the eurozone and currency volatility, according to a new report.

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