In opposition, Chancellor Rachel Reeves set out her ambition to make Britain “the best place to start and grow a business.”
However, while the UK excels at helping companies get off the ground, we too often struggle when it comes to scaling up. British firms take almost twice as long to make the critical shift from £10 million to £100 million as their US counterparts.
The UK stands to lose substantial growth opportunities and billions of investment as high-potential firms are pushed to relocate overseas, taking intellectual property, jobs, and innovation with them – unless the government acts to address these barriers.
Published in partnership with BVCA and Boardwave, Rebuilding the Nation 04: A Mountain to Scale sets out how government can unlock greater investment and help transform start-up potential into scale-up success, driving growth across the whole economy.
Drawing on a series of expert interviews with experts, investors, founders and CEOs, FGF Policy Associate Charlotte Holloway puts forward a series of actionable recommendations to address the barriers stifling investment and business growth, empowering UK start-ups to grow and thrive.
This is the fourth in FGF’s Rebuilding the Nation series of reports. It follows papers on progressive principles for effective investment, pension reform that delivers for savers and the economy and a new model of public-private partnership to help meet the UK’s infrastructure ambitions.