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Article 50: SMEs Keep Calm and Carry On
Lee Murphy owner of accountancy software Pandle,
“Though it may prompt some UK SMES to start thinking about the implications of Brexit on their business, the triggering of Article 50 this Wednesdayshould be nothing to fear and if I’m honest, I don’t think it will impact small businesses.”
“We can expect the pound to drop slightly following this news announcement as it will remind investors and businesses that Brexit is coming, however this dip should be just that, a temporary lull which will soon bounce back when buyers snap up the currency at a lower price.”
“What’s most concerning about the triggering of Article 50 is the impending Brexit – something that no one can prepare for and could be likened to pandora’s box. As research from the FSB has uncovered, a quarter of small businesses that export would be deterred from trading with the EU should tariffs be imposed. This may see some companies relocating to Ireland, or even Scotland should there be a Scottish referendum. Or equally, we could experience a greater level of trade with other markets, the research finding that 49% of SME’s top preference would be the US, followed by Australia (29%) and China (28%). Without knowing the outcome it’s impossible to prepare your business, and there are many important elections coming up in the EU that will impact this Brexit also.”
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CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
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Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.
FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements
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