Majority of UK SMEs in favour of coalition government

Just 14 weeks on from the General Election, 62% of the UK’s small and medium businesses believe a coalition Government is preferable to having one single party in power, according to research from Orange.

One third (31%) of those questioned also felt that a multi-party Government will have a positive impact on the nations’ growing companies.

Orange offered its small and medium business customers the opportunity to comment on the new Government structure and discovered that 53% of those surveyed believe that the joint Government will make the day to day running of a business easier.

With small and medium business currently employing up to 13.7 million people in the UK, it is clear the entrepreneurial community is vital to the country’s economy.

Of the 1,300 small and medium businesses questioned, 21% cited that they expected the political partnership to result in a reduction in paper work and 10% expected increased profit margins, due to a stronger economy and lower taxes.