CBI research highlights the steps that can be taken to support more high-growth businesses in the UK.
20 Oct 2023, 2 min read
Key takeaways
- There are nine decacorns in the UK. They contribute £4.6bn in Gross Value Added (GVA) to the UK economy, they’ve grown at over 20% per annum over the last five years and they employ 107,000 people.
- If we had 50 decacorns there would be £24bn increase in GVA. If we had 100 decacorns, it increases to £74bn.
- We can do more to build a globally competitive business environment that nurtures more scaleups – especially on investment, regulation and skills.
