The UK’s mid-sized, high growth and entrepreneurial businesses are an essential and dynamic part of the UK economy.
Just look at the data. Last year mid-sized businesses outperformed larger and smaller businesses with a hat-trick of successes – more revenue growth, more profit growth and more jobs being created.
As we look at the long-term future of the UK and the need for a ‘new economy’, these are the businesses that should be at the heart of the Government’s thinking.
Innovative, ambitious and at the forefront of developing new technologies, the UK’s mid-sized entrepreneurial businesses are engines for growth – thriving through internationalisation and employing millions of people. We call them the UK economic engine.
Yet these businesses are frequently overlooked and undervalued by policymakers. The sheer scale of the largest PLCs means that they can grab attention due to their individual size and investment capabilities; while the very smallest businesses are seen as the most deserving and dynamic sector.