A new report – Dream Bigger: The Scale-up Moment by the accountancy, tax and investment management group Smith & Williamson – has revealed that 40% of such businesses believed that it would have no impact at all.

Scale-up businesses in these sectors were also optimistic about other areas of the government’s policy agenda, with almost half (48%) believing that they stood to benefit from the current infrastructure strategy.

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In addition, over half of respondents (56%) felt that they would be positively impacted by the recent apprenticeship levy.

Jackie Oakes, scale-up lead in the real estate group at Smith & Williamson, said that it had been fascinating to gain insight into how such successful companies think and feel.

“We have uncovered considerable differences between scale-ups and the rest of the business community, in both mentality and approach.

“But, 91% of businesses want to grow further, and I am convinced almost any of them can emulate scale-up business success – provided they have the right growth toolkit.”