Unlocking Prosperity: How SMEs Can Power the UK’s Economic Renaissance

The UK's 5.5 million SMEs stand poised to ignite a renaissance in productivity and prosperity. A groundbreaking survey by the Goldman Sachs 10,000 Small Businesses (10KSB) program unveils the untapped potential within these firms to revolutionise the UK economy. With the power to unlock £106 billion in revenue and create 88,000 jobs, SMEs could be the catalysts needed to drive a new era of growth and opportunity across the nation
Picture of Elizabeth Jenkins-Smalley

Elizabeth Jenkins-Smalley

Editor In Chief at The Executive Magazine

In the UK, a substantial segment of the economy is driven by 5.5 million small- and medium-sized enterprises (SMEs). These entities are pivotal to revitalising the UK's economic landscape and addressing the prolonged stagnation in productivity that has persisted for over a decade.

Insights from a survey involving participants of the Goldman Sac...

 

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