One of the most important economic reports that is published annually is also one that is often overlooked by many politicians and policymakers despite its findings being relevant to the vast majority of businesses in the UK.
The State of Small Business Britain report, from the Enterprise Research Centre (ERC), reviews a range of research and analysis to present an annual review of the trends affecting small and medium-sized enterprises (SMEs) in the UK.
For 2021, it is not surprising that the report has focused on the challenges that many small firms have faced in coping with Covid-19, but it also examines the opportunities to strengthen the sector as we finally emerge from the pandemic, especially in terms of what is termed the ‘Triple Transition’ – namely business digitalisation, adoption of net zero practices and the upgrading in productivity.
