Published on in Fujitsu and SMEs

As we come to the end of November and the start of the holiday season, small businesses have done anything but slow down! This week, we have seen positive news from the Autumn Statement and also news of growth across new markets. Please see below a roundup of this week’s news:

  • As part of the Autumn Statement, George Osborne confirmed plans for every small business to have an individual digital tax account by end of decade. The chancellor promised a ‘‘digital revolution we’re bringing to Whitehall’’ and as part of this, Osborne pledged to invest an extra £450m into Digital Government Services which could have a positive long-term implication on how small business work with government services
  • New research has revealed that over half of UK small and medium-sized business plan to enter new markets in the next two years. The report, which looked at the factors that create and impede growth in SMEs, found that 19% are casting outside the EU and 15% within the single market
  • Innovation is key for many SMEs according to new research from KPMG. According to the report, over half of the 215 medium-sized businesses surveyed had a dedicated team or a network of innovation across the business

Let us know your thoughts on this week’s news. What are your thoughts on the Autumn statement? Are you planning on extending your business abroad next year? Do you have a dedicated team for innovation in your business? You can reach us by commenting below or tweeting at @Fujitsu_UK or @FujitsuSMELady

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Joley Gordon
Joley Gordon

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