Mid-sized businesses in the UK are set to become essential contributors to economic growth, with an expected £745 billion contribution to gross value added (GVA) and 1.9 million new jobs by 2028. Commissioned by BDO, the research indicates these businesses, comprising less than 1% of total enterprises, will account for 27% of UK GVA and significant job creation. With the coming years critical for governmental policy, BDO emphasizes the necessity of supporting the mid-market under the Modern Industrial Strategy to maximize their potential in various sectors including professional services and manufacturing.
The Government's growth agenda relies on the success of the engines of growth. Our mid-sized businesses need targeted support from the government - access to capital and resources is essential.
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