The onus is on mid-sized companies to provide
graduate jobs and
reduce unemployment in the UK, it has been stated.
City AM reports that the Ernst & Young Item Club feel that
medium-sized companies are more important than smaller businesses
when it comes to providing additional employment.
Thus, it is imperative that they receive support from the
government to provide opportunities at a time when cuts in the
public sector are predicted.
According to the publication, Bob Forsyth, head of strategic growth
markets at Ernst & Young, said: "Small start-ups have a vital
role to play in creating new industries.
"But the most dynamic enterprises with the highest impact on our
economy tend to be medium-sized firms that have spent several years
laying the foundations for fast growth."
Meanwhile, it is suggested that one way that the government could
show its support is through ensuring a stable tax policy, while
encouraging innovation by maintaining incentives for further
research and development.
Sir John Rose, the chief executive of Rolls-Royce, highlighted
recently that there is a need for vacancies to be filled at small
businesses by talented individuals.
What are these?
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