Business leaders say the latest survey of FTSE-350 companies is a “wake-up call” for those calling for Britain to quit the EU. The new survey of company secretaries shows that the majority believe a British exit from Europe would damage UK companies, posing a risk to jobs and growth. 

Responding to the survey by the Institute of Chartered Secretaries and Administrators (ICSA) which states 63 per cent of their members see a British exit from Europe as “damaging” to their business, Lucy Thomas, Campaign Director of Business for New Europe, said: 

“This report makes clear that British business have serious concerns about the damage that a British exit from Europe could cause. The overwhelming majority of British business leaders want to see the UK remain inside a reformed European Union,and focus on cutting down red tape and streamlining the institutions, not put jobs and growth at risk by walking away.

“The results of this survey of FTSE-350 companies are a real wake-up call for those who claim that British business would simply carry on as normal outside the single market, without access to Europe’s 500 million consumers. 

“And under any of the scenarios proposed by those arguing for a British exit, it is simply impossible for them to address the concerns expressed by business leaders including just how many jobs could be lost here in the UK. 

“Business leaders know that a British exit from Europe is not a risk worth taking, because at a time when we still face a challenging economic climate, it makes no sense to put jobs and investment in jeopardy.” 

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