SMEs are pioneering disruptive technologies, but this talent for innovation must be matched by visionary policies and funding from government and industry if UK manufacturing is to keep-up with the pace of development around the world, argues David Hughes, Managing Director at ABB UK.
The multi-million-dollar deals of multinationals may steal the media headlines but make no mistake: small and medium-sized enterprises (SMEs) are the engine room of the UK economy. The UK was home to 5.5 million SMEs – defined by the UK government as organisations with fewer than 250 employees and turnover of less than €50m –…
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