Most Scottish mid-sized firms favour staying in EU

BDO found most mid-market firms want the UK to remain in the EU. Photograph by Ian Georgeson

The majority of Scottish mid-sized firms, with revenue of Â£10 million to Â£300m, favour staying in the EU according to a study published today.

The report, by accountancy and advisory firm BDO, is the latest in a series of studies suggesting that overall the business community would prefer to remain part of Europe.

The firm said 73 per cent of Scotland’s mid-market firms surveyed want to stay in Europe under David Cameron’s renegotiated terms, compared to the 65 per cent across the rest of the UK.

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BDO said it has found that there are more than 2,000 mid-market firms in Scotland, employing 440,000 people.

The head of BDO in Scotland, Martin Gill, said: “Clearly these businesses are of a size and scale where they will be more likely to be involved in exporting and developing international markets, and consequently they will be keen to keep all doors open for trade.”