FF News Logo
Sunday, October 12, 2025
ITC Vegas

Brexit We Face Is To Be Welcomed

Ed Molyneux, CEO and co-founder of FreeAgent said, following Theresa May’s “12-point plan” speech regarding Britain’s exit from the EU:

“Although the Prime Minister’s decision today to add more clarification on the type of Brexit we will see is certainly welcome, it’s also important to note that, up until now, the UK’s freelancers and micro-businesses have felt that they have not been given enough information on the planned exit from the EU.”

“We recently polled more than 600 business owners about Brexit and a huge 86% said that they didn’t feel the government has provided enough information on how leaving the EU will impact upon their businesses. Given that freelancers and micro-businesses make up 95% of all UK companies, the economy cannot afford for them to be in the dark.”

“In addition, our research found that seven in ten micro-business owners felt that leaving the EU would have a ‘negative impact’ on the UK’s economy – with the majority citing economic and political instability as the biggest reason it will be harder to run their businesses post-Brexit.”

  1. EXCLUSIVE: “Passion Project” – Brice van de Walle, Mastercard in ‘The Fintech Magazine’ Read more
  2. FreedomPay Drives Global Merchant Innovation Read more
  3. FIS Brings AI-Powered Advancements to Seamless, Personalized Digital Banking Experiences Read more
  4. Citi Ventures Invests in BVNK to Power the Next Generation of Financial Infrastructure Read more
  5. Nearly Two-Thirds of Global Retailers Say Payment Method Flexibility Drives Revenue Growth, ACI Worldwide Survey Finds Read more
Gitex Global