SMEs need help to drive productivity up
Researchers at NatWest have determined that boosting productivity among SMEs could add £140bn to the economy by 2030 - the equivalent of an extra 3.2m jobs. Figures show SME productivity in Britain lags the US by 17% and Germany by 12%. Andrew Harrison, NatWest head of business banking, said: "Support needs to be more closely tailored to their specific needs." Motorsport businesses are at the forefront of innovation and any support to improve productivity in the sector would be welcomed.