ECEX, SMEs and investment for a future

At ECEX we believe that we, along with other UK SMEs, can play an active role in driving the UK’s economic recovery.

With 3.7 million SMEs in the UK, accounting for approximately 40% of GDP and employing 12 million people, the importance of small and medium enterprises to the economy should never be under estimated.

400,000 UK SMEs cease trading every year and there is no doubt that we’re experiencing an extremely tough economic climate. However, evidence suggests that firms who innovate more consistently and rapidly employ more workers, demand higher skills, pay higher wages and offer more stable prospects.

That could only be a good thing right?

At ECEX, we’ve been driving investment into staff and training, along with new machinery and premises; actively distributing hard earned profits into the wider economy. In doing so, we hope to benefit not only ourselves, but the profitability of various support sectors, which in the long term will allow customers to continue their spending with us.

It hasn’t been easy and as a team we have faced some difficult, but necessary decisions along the way. This makes the recent successes all the more sweeter and long may it last.

 

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