A new poll has revealed that more than 80 per cent of small construction firm bosses will base their vote in the referendum on their own beliefs, rather than business interests…
A new poll carried out by the Federation of Master Builders (FMB) has revealed more than 80 per cent of small construction bosses will vote on the upcoming referendum based on their own personal beliefs.
The poll revealed that builders believe the main benefit of a Brexit is that it allows the government to specifically legislate for British business. Conversely, support for remaining in the EU comes from the continued economic stability membership would offer.
The poll also found that more than half of small construction business owners do not feel well informed about the issues that could impact their business in relation to the referendum.
Chief executive of the FMB Brian Berry said: “The outcome of June’s referendum on Britain’s membership of the EU will have significant ramifications for construction SMEs, regardless of the outcome.
“That’s why it’s fascinating that more than 80 per cent of our members have indicated that their vote will be determined by their personal beliefs ahead of anything else.
“It just goes to show that although it’s important to explore the business case for leaving or remaining within the EU, for many people their decision will be based first and foremost on other drivers.
“These could include the desire to be part of the wider European community or a compulsion to reclaim British national sovereignty.
“However, a recent survey by Ipsos MORI revealed that the public want to hear the perspective of SMEs more than any other type of business.
“Unfortunately our research shows that the people who run small construction firms feel that the ongoing debate over Brexit has done little to enlighten them on the issues that really matter, with 52 per cent stating they do not feel well informed on the issues that might affect their businesses.
“This is perhaps a reflection of how few of the impartial facts that are so widely craved have actually been offered by either side.
“No wonder then, that the vast majority of builders will be opting to vote based on their wider personal beliefs, when the economic and business case of each argument remain so unclear.
“What’s clear is that few sectors are more sensitive to uncertainty than construction. Already, there are signs that the unpredictability surrounding the outcome is beginning to sag on industry confidence as investment is deferred and home owner confidence wanes.
“This explains why continued economic stability has been cited as the best reason to remain in the EU.
“On the other hand, 40 per cent of SMEs identified the potential freedom that Brexit could grant the government to set legislation that truly meets the needs of British business as the biggest potential positive of Brexit.”
The construction sector has remain somewhat divided over where it stands on the referendum. Last month, only 31 per cent of UK housebuilders said they were concerned about withdrawing from the union.