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Do we need the RDAs?
The Taxpayers' Alliance would like the regional development agencies abolished. M Institute co-founder Jyoti Banerjee studies their report - he likes their data but disagrees with their recommendation.
Mid-size enterprises are the powerhouse of the UK economy.
Despite their sterling performance, mid-size enterprises are nearly invisible.
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Mid-size enterprises are the powerhouse of the UK economy.
Although only 6% of UK companies are in the £10-£250 million revenue bracket, these businesses employ 30% of the British work force, and generate 20% of all corporate profits. Their annualised growth rate is at 8%, which is well above the national growth rate.
Despite this sterling performance, mid-size enterprises are nearly invisible. They have no profile in the market, government does not pay them any attention, and they are usually lumped together with small and micro-enterprises via the SME label, although they are significantly different from those companies in almost all respects.