Scale-up companies are vital to the UK economy

Growing start-ups and encouraging entrepreneurial spirit can only be achieved with the right financial support. Simon Philips, CEO of ScaleUp Capital, examines the key growth factors and how accountants can drive expansion

Small businesses are the backbone of the economy in terms of job creation, economic growth, innovation and diversity. As the country looks to rebuild the economy following the pandemic, ensuring we support small businesses will be critical. The UK benefits from a strong entrepreneurial culture, ranking third in the world for start-ups.

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