Medium businesses: Fuelling the UK’s economic engine
A Connected Thinking report
Medium-sized businesses are the engine of the UK economy. Responsible for employing over 7.5 million people and turning over almost £1.4 trillion a year.1 They run our high streets, design and build our homes and public spaces, and keep us all connected and online – all while competing with large corporations (and often winning).
Yet the current economic picture is precarious. Businesses operate in the face of rising costs and a looming recession. If we’re to recover and push forward into renewed growth, it’s high time we recognise and support the crucial economic and societal role of medium businesses. If these businesses thrive, we all thrive.
In this study, O2 worked with Censuswide to survey 1000 medium business leaders to understand what role tech and connectivity play in the positive momentum of these businesses. Download to discover more.