UK small and medium-sized businesses see high
cost of materials, business spending and price of
fuel as the biggest limitations on their success, a GE Capital
report has found.
The report, which is based on interviews with
500 UK SME owners, found that 39 percent of the surveyed
companies see raw materials and inventory costs as their main
challenge.
Go deeper with GlobalData
Fears about consumer and business spending (38
percent) and the increased burden of regulation (36 percent) are
next on the list. According to the findings, around 22 percent of
the firms also see price of fuel as a limitation.
GE Capital CEO John Jenkins said: “Britain’s
SMEs must not be overlooked. With nearly 1.2 million firms
still saying that they will shrink this year, it is vital that
Government continues to focus on maintaining the right conditions
to support growth.”
Antonio Fabrizio
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
