Businesses drive economic growth
Building British Business: Making Britain the best place to build and grow a business
Thriving businesses create a thriving economy that funds our public services and supports the most vulnerable members of society. Economic growth must be a core objective for any government in order to drive prosperity for people across the United Kingdom. At its heart, this growth must be driven by local communities and the businesses within them.
Small and medium-sized enterprises (SMEs) account for 99.9% of the UK’s business population, three fifths of the employment, and around half of private sector turnover. The UK also has a booming entrepreneurial spirit, which has the potential to transform our country into a global economic powerhouse; 64% of our workforce dream of starting their own business.
This hub contains information and resources developed by the BCC to support businesses in growing.
A BLUEPRINT FOR BUILDING BRITAIN
Large-scale infrastructure development is critical to UK business and economic growth, but the stop-start approach we have seen over recent decades is holding us back. We need a slicker system that delivers sustainable benefits, on time and to budget.
Long-term policy clarity, stability and certainty is crucial to give business the confidence to invest, both in major national infrastructure and in local growth and expansion plans.
This report sets out a series of recommendations to help rebalance our approach to infrastructure and give businesses the long-term confidence to invest.
A BUSINESS-LED PLAN FOR THRIVING COMMUNITIES
Local Economy of the Future Challenge Report
Businesses play a pivotal role in shaping the economic landscape of the UK, and their impact extends far beyond the national level. Local economic development is an essential facet of a thriving society, and businesses are integral to its success.
Their role is more than simply the generation of profits; it encompasses a commitment to the well-being and growth of the communities in which they operate.
This report explores what currently works well, what works less well and how our local economies must adapt now to create the thriving local economies of the future.
