Small & medium businesses (SMEs) are vital for the economic wellbeing of our nation.
They are a core part of our social fabric, and the State of Small Business report from Sage and Nesta shows that entrepreneurial culture in the UK is booming.
It is SMEs’ resilience that has put them at the heart of the UK’s impressive job creation and helped pull the nation out of recession.
But even though the economy is growing, real wages are falling and living standards are not rising. And striking differences in SME growth and productivity at a local level across the UK are reinforcing the inequalities of modern Britain.
The State of Small Business report unveils the unique SME landscape in each local area, and shows how tailored support will help business to thrive.