This report, produced by the UK’s innovation foundation Nesta in collaboration with the UK technology company Sage, is a data-led guide to the state of SMEs in the UK. We break down the SME landscape, looking at factors such as productivity, rates of growth, and business churn to provide a view of how small business is faring in our towns, cities, and rural areas across the UK. Our analysis then seeks to identify some of the environmental factors that support or hinder the strength of the UK’s SMEs at a local level, from skills to infrastructure.
It is accompanied by a comprehensive data-guide to the SME landscape for every UK local authority, online at www.stateofsmallbiz.com. We hope that this data tool, along with the findings of this report, gives policymakers and elected representatives at every level of government, from Whitehall to town hall, the data they need to make informed and evidence-led policy decisions to support their local SMEs.