Last week, Lawrence Jones, UKFast’s MD was involved in a lively round table discussion with The Business Desk. The event was hosted by DLA Piper at their offices in Barbirolli Square in Manchester and Chired by Business Desk Editor, Chris Barry.
Around the table were a selection of the North West’s business leaders representing some of the UK’s heavyweight companies, from DLA Piper themselves to RBS, KPMG and Bruntwood. The regions public sector was there in the form of the NWDA and the Central Salford Urban Regeneration Company, while NW Entrepreneurs were given a voice by Lawrence and Richard Btesh of Chess (Fast growing telecoms company).
The session took a look at the government’s emergency budget and the state of the economy.
What was interesting was that it became apparent that the flurry of business activity taking place in the SMB sector is largely being missed by the majority around the table. We quickly realised that Lawrence’s viewpoint as a hosting provider gives him an insight that is more privileged than initially thought.
The general concensus around the table was that the economy is lifting but it’s going to take time and we all need to be patient. Lawrence was able to add his more optimistic thoughts off the back of the jump in productivity UKFast is seeing across the thousands of businesses on the UKFast network.
Because so many of the new projects and risks are being taken by businesses at the lower end of our economic scale, they appear to be below the radar of the large corporates. It was suggested that the larger businesses have to turn like an oil tanker in these times, while the UK’s small businesses are able to move quickly and flex their mini muscles to great effect right now.
The panel came to the conclusion that change is on its way and that it is the business communities responsibility to react positively in thought and action to encourage a swifter return to economic certainty.
You can view a couple of the videos from the event, with Lawrence’s thoughts on SMB growth and the community’s collective responsibility on the UKFast site.