high growth companies

Innovation Drives UK Super Companies

Just six% of UK businesses hold the key to job creation and wider prosperity, according to two reports released today by NESTA (National Endowment for Science, Technology and the Arts). Together, the reports represent the most ambitious mapping exercise of business growth in the UK, mapping the UK’s high-growth firms1 over almost a decade. The analysis reveals that just 11,500, or 6% of UK businesses with 10 or more employees are classed as ‘high-growth’ companies. This small number of businesses has generated around half, or 54%, of new jobs (1.3 million out of 2.4 million new jobs created by all existing businesses with 10 or more employees in the last three years). The reports also reveal that these ‘super companies’ thrive across the country. The North Wes... »