Acclaimed research by Warwick Business School and GE Capital has revealed the strength of the UK’s ‘hidden champions’, companies below £800m turnover who have performed strongly compared with their European peers in 2012.
The Mittelstand: a widely misunderstood word, it originally described family-owned SMEs in German-speaking countries that punched above their weight in global markets. Today, many Mittelstand firms have been so successful they have outgrown the definition of SME, or even “M”, as annual turnovers exceed Eu1 billion. For a long time, the invisible ‘British middle’ have…
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