Enabling economic growth: new report
With the Government today unveiling the details of its comprehensive spending review, a new report has been published highlighting how small and medium sized manufacturing companies (SMEs) can help the UK's economic revival.
The new report Enabling economic growth: effective support for smaller manufacturing businesses suggests new ways of directing support to manufacturing SMEs with growth potential and describes how this can be delivered.
The report builds on the paper Stimulating growth and employment in the UK economy, which was published in the summer and advocated changing the emphasis of business support, away from increasing productivity towards priortitising high-growth, high potential SMEs.
The new report features a number of case studies which detail how both revenues and employment levels increased following company engagement with the new approach.