The CBI has published a new playbook to create the competitive environment to help businesses scale.
The UK has a world-leading start-up ecosystem. Now is the time for the government to deliver the conditions for these businesses to scale and be the Growth Engines the economy needs.
The government are correct in identifying scale-ups as a key source to delivering the growth mission - CBI research showed that the UK’s nine decacorns alone contributed £4.6bn Gross Value Added to the UK economy in 2021. Growth Engines sets out recommendations the government can implement to support businesses to scale. Developed with members at various stages of scaling, the playbook spans four areas: pro-innovation regulation, unleashing investment, harnessing our national assets and access to the best talent. The playbook highlights the barriers members are facing when scaling and how the government and business can work at pace together to unblock them.
The recommendations
Pro-innovation regulation
- Regulatory Inn