Britain in Business
report

Britain in Business report

How COVID-19 and Brexit are affecting SMEs and advice on how they can power through this challenging time. Includes insight from Mastercard, Visa’s former CEO and the founders of Currensea.

Britain back in business report - Currensea
Key report findings:
Brexit and COVID shutters international trade for 1.5m UK SMEs
Britain back in business report - Currensea

25% halted international trade

25% of UK SMEs have halted international trade this year due to COVID-19, and an additional 6% because of Brexit

Britain back in business report - Currensea

10% decrease in
exports

While imports have remained static, exports from SMEs have decreased by around 10% which could cost the UK £20 billion in 2020

Britain back in business report - Currensea

60% worry about increased costs

60% of UK SMEs note ‘increased costs’ as their main worry in a post-Brexit Britain