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The Federation of Small Businesses (FSB) has called for the questions and concerns on the EU referendum to be fully addressed after the Electoral Commission designated official campaign groups for each side of the debate.

Britain Stronger in Europe and Vote Leave were named the official campaigners for the respective 'remain' and 'leave' sides of the referendum. But the FSB wants assurances that businesses will be given everything they need to make an informed decision.

Mike Cherry, national chair of the FSB said: "Now they are in place and the campaign is under way, we are calling on both EU referendum Campaigns groups to respond to the key questions our members have told us they want answered before 23 June. Small business owners will be a crucial swing group in this referendum with 42% of FSB members saying their vote could still be swayed. It’s vital that both campaigns provide the answers small businesses owners need, in order to make the right choice for them and their businesses.”

The FSB has written to both Matthew Elliott from the Vote Leave campaign and Will Straw from the Britain Stronger in Europe campaign asking them to answer the top ten questions that UK small businesses want answered before they cast their vote.

The organisation said smaller firms want to know the practical impact that remaining within or leaving the EU would have on their business. FSB research of over 4,000 members revealed that 48 per cent want more information on the economic impact on the UK of a decision to leave the EU or to remain. In addition, 38% of small businesses called for more detail on the administrative burden of complying with regulation and 33% asked for more detail on the cost of EU membership.

Mr Cherry added: “Half (52%) of the small businesses we spoke to do not feel informed about the EU referendum and they need to have the facts before voting day.

“As the vote approaches we will continue to champion the voice of UKs 5.4 million small businesses and call for the clarity and information they need to make an informed decision. There is no status quo - whatever the result, the decision on 23rd June will see changes. Small business owners want to know more about what these mean for their business.

"For this reason, today we invited representatives from both campaigns to participate in a series of FSB EU referendum podcasts taking place right across the nations and regions of the UK. On behalf of small business, we will delve deeper into these issues to get clear responses from both sides of this important debate.”