As the sixth largest overall exporter in the world and the second largest exporter of services, the UK’s dominance in global trade is significant. This week’s revised GDP figures and the news that Britain’s economy was bigger and grew faster than previously thought is great and will likely prove another boost for UK business confidence. This is especially relevant to the medium-sized business (MSB) segment, which has continued to be disproportionately valuable throughout the downturn, contributing £305bn to UK GDP in 2013, according to our “Agents of Growth” research….
…Ewan Lloyd-Baker, CEO of Hayward Tyler Group, a supplier of electric motors, suggested the Government ringfence capital and enable access to loans at fixed rates to give MSBs the investment certainty they need to make long-term investment decisions.