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SMEs want shorter leases due to Brexit uncertainty

Brexit has undoubtedly had an effect on the market and fiscal revenues. Post-Brexit, the market in the UK is decidedly uncertain. The most recent upset has been the nature of lease terms. Many companies, especially small and medium firms (SMEs) are now shifting the market in a different direction. Due to the uncertainty in Britain’s future, SMEs are now increasingly looking for shorter leases. This is partly because of weak negotiations with the EU, and also the worry that the government may not be able to secure a strong exit deal.