This is an exciting time for our country’s high growth businesses – old and new
The Rt Hon Theresa May MP, Prime Minister of the United Kingdom
“I welcome LSEG’s focus in this publication on the UK’s most dynamic and fastest growing businesses”
Commentary by The Rt Hon Theresa May MP, Prime Minister of the United Kingdom
Britain’s small and medium-sized businesses are the cornerstone of our economy. From dynamic start-ups to established family firms, they showcase the UK as an entrepreneurial and versatile place to do business.
Businesses play a crucial role in creating jobs, training staff, generating wealth and supporting a stronger economy and fairer society.
So I welcome London Stock Exchange Group’s focus in this publication on the UK’s most dynamic and fastest growing businesses, and I want to congratulate all of the 1000 high growth and innovative companies across the UK featured in this year’s report.
Those businesses and many more like them are going to be a crucial part of our mission to build a stronger, fairer country. They are the ones who will help deliver prosperity that is shared by everyone, helping to command the public trust that is needed to maximise the opportunities that free markets and free trade bring.
And this is an exciting time for our country’s high growth businesses – old and new. There are brilliant inventions and innovations being created in every part of the UK – and there is huge untapped potential, as highlighted in this report, which we must do our best to nurture.
Across all sectors and all parts of the country, small businesses need to have the opportunity to turn from bright start-ups into successful scale-ups. We need to back these innovators with long-term investment and patient capital.
London Stock Exchange Group does important work in promoting non-bank finance to growth and scale-up companies across the UK. This report is a great example of that, as well as its ELITE business education programme for high-growth firms. LSEG also provides the UK with a key and unique asset: the AIM market – the world’s most successful stock market for high growth companies.
The Government’s work in producing a Modern Industrial Strategy is important to this, too. As part of our Plan for Britain we will encourage and support the key sectors of our economy, spreading jobs, prosperity and opportunity around the whole of the United Kingdom. We will do everything possible to make sure that Britain is one of the most competitive places in the world to found or grow a business. We will work to break down the obstacles to getting long-term investment into innovative firms, including through our Patient Capital Review.
And we will make sure that Britain leads the world in the industries of the future – and that our children and grandchildren are equipped to do the high-skilled, high-paid jobs these industries will provide.