Mike Kupar
Mike Kupur says creating a single European digital market is vital for SMEs in the UK and Europe (IB Times UK)

One of the Confederation of British Industry's chief says that the European digital market is vital for the growth of small to medium enterprises.

CBI has launched a report called Our Global Future: The Business Vision for a Reformed EU.

Speaking to IBTimes UKon camera, Mike Kapur, chairman of the CBI's Small Business Forum, said that the European Union's role in creating a digital single market was critical for SME's as business are starting to trade digitally.

"It is fundamental to be able to allow to allow business from across the EU to trade. One of the ways they are now finding ways to trade is digitally through the internet and that is a whole piece of work that currently is not joined up as it could be. So the role of the EU I think is very important, very similar to the role they played in terms of looking at mobile phone roaming charges. They led the introduction of caps and reduction in prices from which every SME has benefited."

According to CBI, they are the UK's leading business organisation and speak for some 240,000 businesses that together employ around a third of the private sector workforce. They have representation in Brussels, Washington, Beijing and Delhi.

For the full interview, check out IBTimes TV or the video on the top right hand side of the page

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