The Barriers to Business Growth in St Albans report was published on 11 June and is now available on the City of Expertise website. The report contains the findings from the City of Expertise’s recent survey.
The report confirms that business is thriving in the St Albans area and that growth expectations, productivity targets and plans to enter new markets are all tracking well ahead of many parts of Britain. There are, however, some serious obstacles to growth. The survey found that difficulty in recruiting skilled staff is by far the biggest of the barriers to growth, ahead of political uncertainty, regulatory change and red tape. Possibly surprisingly, the availability and cost of suitable commercial premises fell into fourth place.
You can find the full survey results here.
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