SMEs look to vote Blue as countdown begins to election results

The majority of small business owners are preparing to vote Conservative in today's General Election, a study finds.

Some 53 per cent of more than 700 respondents in a survey by KashFlow will be voting Blue, with 16 per cent voting Labour and 9 per cent UKIP.

The Liberal Democrats attract less than 6 per cent of respondents, beaten by the Green party at almost 8 per cent.

The most popular reason for respondents choosing the party they do is a concern for economic growth and stability (54 per cent), followed by Europe/EU policy (13 per cent).

John Coldicutt, CMO of KashFlow says, ‘Small businesses are the lifeblood of the UK economy, driving innovation, growth and regional employment. Our survey suggests that the majority of small businesses would prefer the Conservatives to win an outright majority with continued economic growth and stability the main reason cited.’

John Cridland, CBI director-general says that what businesses will want to see is that any period of uncertainty around negotiations is kept to a minimum and for all parties to prioritise pro-enterprise policies that boost growth and jobs for all.

‘That includes getting on with reducing the deficit, prioritising infrastructure, including backing the final recommendations from the Airports Commission, and committing to keeping business taxes competitive,’ he adds.

Further reading on the General Election

Ben Lobel

Ben Lobel

Ben Lobel was the editor of from 2010 to 2018. He specialises in writing for start-up and scale-up companies in the areas of finance, marketing and HR.

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