Scaling Up

15 Jul 2016 8:16 PM | John Heap (Administrator)

The Confederation of British Industry (CBI) together with Lloyds Banking Group, the ScaleUp Institute & Aston Business School, has launched a new report, Lifting the Trophy, profiling scale-up insights into raising productivity within firms.

  • In 2013, 4% of firms contributed 17% to total UK productivity
  • Between 2012 – 2015, over 18,500 businesses rapidly scaled-up their turnover – 650 of these were mid-market firms
  • Within the scale-up community, highly productive firms are twice as common
  • 8 out of 10 of the UK’s most productive businesses are located outside London


The report highlights that a small number of entrepreneurial firms make a large contribution to UK productivity. Scale-up firms, in particular those rapidly increasing sales, have higher productivity rates.


for more details, see http://bit.ly/29MPYAE.


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