Across countries and over time, micro enterprises typically have a less positive evaluation of their current or future situation than do larger firms. Cultural as well as economic factors help to shape responses, with Japanese firms of all sizes scoring the lowest of all G7 countries in positive assessments and highest for negative assessments. Of note, given that the survey period began five months prior to the UK Referendum on European Union membership, is the significantly higher negative assessments of UK firms with 50 or more employees, than those made by smaller firms.