May 4 2016.

Business owners are becoming increasingly wary of the impact of a potential Brexit, research finds. Some 81 per cent of respondents feel that Britain leaving the EU would negatively impact their business, up 13 per cent from June 2015, according to the latest Smith & Williamson Enterprise Index.

Guy Rigby, head of entrepreneurial services at Smith & Williamson says that when the organisation first sought business owners’ thoughts on Brexit, the Conservative Party had just been elected and a potential Brexit felt quite remote.

'However, as we approach the referendum date, business leaders are seemingly more apprehensive about the prospect of leaving the EU,' he says.

The Smith & Williamson Enterprise Index, which measures the views and confidence of owner-managers and entrepreneurs in the UK, decreased four points to 111.4, its lowest point for 12 months.

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