Issue #134 - The Brexit Issue đ¤
10 years on, howâs Brexit been for your business? đ | How do standing charges work? đ˘ | Do you need employersâ liability insurance? â ď¸ | Filth Florist đ | Words | Tunes | More
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10 years on, howâs Brexit been for your business? đ
Welcome to The Backbone Issue #134. The fortnightly Bionic newsletter đŚž
Itâs been 10 years since UK voters put pen to paper and opted to leave the EU.
So much has happened in the last decade that itâs easy to forget that it took another four years and three Prime Ministers to finally âGet Brexit Doneâ - to coin the phrase that dragged political discourse into three-word mantras over reasoned debate.
Much was promised - less red tape, more control, a boom in homegrown demand - but what was actually delivered?
The Brexit dream vs. reality
Back in 2017, just six months after the Brexit vote, more than half (56%) of small business owners thought that leaving the EU might open up opportunities, according to research by Novuna Business Finance.
The main reasons for this optimism included a belief that the UK Government would do more to support British small businesses (22%), less red tape (21%), and the hope that UK consumers would now be more likely to buy goods from UK businesses (18%).
Fast forward to 2026, and itâs safe to say the mood has shifted somewhat, as one in five small businesses say Brexit is still actively holding them back. For London businesses, that figure rises to one in four - higher than any other region in the country.
The Guardian reports that as many as 20,000 businesses stopped exporting to the EU altogether. And many of those who carried on complain that the governmentâs âhard Brexit for Britainâ catered for the âblue chipsâ, not the small, backbone businesses.
The Brexit experience
The experience of Simon Spurrell, a Cheshire cheesemaker, is that Brexit created a kind of British Business Battle Royale (or Hunger Games, depending on your cultural reference points), as he said: âSmall producers are just trapped on this island, and weâre all fighting each other for the same market share.â
Sadly, Brexit left him with a ÂŁ250,000 hole in his small but fast-growing firm, and he ultimately lost his business.
When you look at the following figures, it highlights what Simon and business owners like him have been up against. Exports of farm products to the EU, from beef to cheese, fell by 37.4% in the five years from 2019, according to analysis of HMRC data by the National Farmersâ Union.
And Tony Rutherford, a Devon fisherman who voted leave to save the British fishing industry, describes Brexit as an âAbsolute nightmare, shambles, and still is to this day.â
Phil Ward, owner of Eskimo, a Bristol-based firm that produces high-fashion and energy-efficient electric radiators, saw his exports to the EU drop from 40% in 2020 to just 5% by 2025.
We tried to find some positive stories, but there donât seem to be many for British business owners, outside of those that make complex, high-value stuff or are in the financial services and Fintech sectors.
City AM reports that âin complex manufacturingâŚBrexit Britain has found some major success storiesâ, while other reports herald that âthe UK remains Europeâs leading fintech hub.â
But in most interviews marking the anniversary, the day-to-day reality is described as a âtotal nightmareâ of paperwork, border delays and rising costs, particularly for those still trading with the EU.
The Brexit debate
While Brexit may be âdoneâ politically, it seems to be the opposite operationally.
For many SMEs, itâs become part of the furniture - a permanent extra step, an extra form, an extra cost. The kind of friction that doesnât kill a business outright, but quietly chips away at growth.
Itâs there in delayed shipments, duplicated compliance, and longer payment cycles. All the unglamorous stuff that never made it onto a campaign bus.
Not that every story is bleak. Some businesses have adapted, diversified, or just gritted their teeth and carried on. Many have had no choice. But adaptation isnât the same as benefit, and survival isnât the same as growth.
And thatâs really the crux of it. The Brexit debate was always framed in sweeping, macro terms - GDP, sovereignty, trade deals, the grand arc of the UK economy. But ten years in, the story on the ground looks very different. Itâs not about ideology anymore, itâs about invoices.
Weâll leave the last word to Jo Morris, Head of Insight at Novuna Business Finance: âThere are differing views on Brexit today, as there were in 2016. For some small businesses, it has been greeted as an opportunity, for others, Brexit is still viewed as a challenge. The one thing that hasnât changed over 10 years is that people continue to disagree on whether Brexit is a good or a bad idea.â
How has Brexit been for your business? Let us know in the poll below (honestly, if this ends up as a 48-52 splitâŚ)
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đ READ
How do standing charges work on business energy contracts? đ˘
Most business energy contracts come with a standing charge. This is a flat fee thatâs charged daily, regardless of whether or not you use any gas or electricity. Find out what theyâre used for and how much they are right now, along with the pros and cons of a no-standing-charge energy deal.
Do you need employersâ liability insurance? â ď¸
If you run a business and take on staff, even temporarily, would you need employersâ liability insurance? This guide cuts through the jargon and tells you exactly where you stand, whether youâre a sole trader, limited company director, or anyone in between.
đŁ SHOUTOUT
#BionicBusinessStory - Filth Florist đ
Inside Filth Florist - Rosy Sida shares how she built a creative floristry business from scratch and turned it into a thriving brand.
Bionic: How did the business get started?
Rosy Sida: âWe started during the second lockdown. I was unemployed during that time. I set up Filth. I had nothing to lose.â
B: What makes Filth Florist different?
RS: âWeâre a bespoke studio. Every single piece of work we create is completely unique, we donât do anything by cookie-cutter standards.â
B: How has the business evolved?
RS: âWhen I first started, I was just doing the weekly bouquets, but over the last three years weâve pretty much become a wedding and event studio.â
B: Whatâs been your biggest achievement?
RS: âBuilding a business which is sustainable and actually works as a business. Thatâs probably a really obvious thing to say, but building a business that works is a really difficult thing to do.â
B: What challenges have you faced?
RS: âOne struggle has been the cost of flowers increasing dramatically. Trying to communicate the increase in price to people is not easy either.â
B: How have you adapted to those challenges?
RS: âMoving to the wedding side of business was a direct result of the increase in flower costs. The margins are just so small now.â
B: What do you enjoy most about running the business?
RS: âWorking for myself and being able to manage my time how I want. The freedom you get from that is huge.â
B: What advice would you give to other business owners?
RS: âYou donât have to listen. I think youâll know your business best.â
Check out more of our small business stories over at Bionic or watch along on YouTube. And, if you need some fantastic flora, check out the Filth Florist shop.
đ BUSINESS
Get your business costs sorted đˇ
Bionic is the comparison site for your small business. We compare a range of business essentials to help you save time, money, and hassle.
Our tech-enabled team will answer all your questions in simple terms and help you find the best deal on business energy, insurance, phone, broadband, or finance. No jargon. No-fuss. #BeABionicBusiness đŚž
đ§ LISTEN
Playlist đś
As the Brexit debate takes us back ten years, weâve dug back an entire decade for this weekâs playlist - 2016âs Now Thatâs What I Call Music 94 features Drake, Coldplay, Bastille, Dua Lipa, David Guetta, Tinie Tempah, Craig David, and loads more. Itâs also made us realise that we were already really old ten years ago.
Podcast đ
Joe and James (Thomas and Buckley from The Inbetweeners) discuss interesting facts that have been lurking at the backs of their brains, or theyâve found on the internet. There are also bits about wahtâs going on in their lives and reminisces on their favourite moments from The Inbetweeners.
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