Are UK SMEs Gearing Up for Growth?

A new report released today by business Internet service provider, Easynet Connect, outlines the strategies of UK SMEs for a return to sustained growth. With only marginal growth expected in the Q1 2010 GDP figures due out on Friday, today’s report, Are UK SMEs gearing up for growth?, reveals that although 84% of businesses believe the economy will return to growth, 58% of them think it will take 12 months to 2 years to arrive. The research highlights how the focus for SMEs over the next 12 months is to consolidate their positions internally, ready to take advantage of the market improvements expected in 2011. Over a third (38%) are investing in their IT infrastructure, 30% are looking at increasing staff training, and around 15% are looking at recruiting more people and improving st... »