Britain in Business

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 the UK's best rated travel debit card.

Britain back in business report - Currensea the UK's best rated travel debit card
Key report findings:
Brexit and COVID shutters international trade for 1.5m UK SMEs
Currensea has reported that 25% of UK SMEs have halted international trade due to COVID

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

Currensea has reported that exports from SMEs has decreased by 10%

10% decrease in

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

Currensea has reported that 60% of SMEs are worried about increased costs

60% worry about increased costs

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

Currensea the UK's best rated travel card
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We're rated 'Excellent on Trustpilot with a score of 4.8/5 from thousands of reviews!

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