A new Barclays report has showed that the UK had a better environment for growth in the months leading up to the referendum than at any other time since 2011, due to access to finance, improved regulation and increased research and innovation. However, as Annabel Denham writes in Huffpost Politics, the environment for British entrepreneurship is still far from perfect.
While skills shortages are holding businesses back, low corporation tax and better regulatory conditions have helped improve conditions for the entrepreneur. Similarly, although the budget could have done more to lift the burden on businesses, pledges to invest in infrastructure and innovation will be a boost. Overall, the report suggests that “the wider picture is mixed” and we must hope that the Spring budget will make this country even more entrepreneur-friendly.
To read the full article, click here.