Small businesses forecasting huge growth by 2020

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Small businesses forecasting huge growth by 2020

The UK’s SMEs will, by 2020, have increased their contribution to the economy to almost £217bn according to a recent report by CEBR and the Hampshire Trust Bank. This is a jump of over 11% and is being lead by London’s small businesses who contributed a huge £164bn. It is expected that by 2020 there will be almost 540,000 small and medium sized businesses in the capital.

Supporting London is a strong economic push from the Northern cities, with Manchester and Leeds both expecting to grow by 15%. Birmingham is also likely to grow to a huge 6.9bn (11%) whilst Bristol will rise by an impressive 14% which equates to £4.2bn.

This positive economic news comes after a series of positive reports this week, despite previous fears of a ‘Brexit slowdown’. With all this growth we can only expect further job creation, increases in the number of firms advertising a job and a healthier small business economy!

A few of the great companies we work with...

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What our clients say about us

I have worked with That Recruit for the last four months to find suitable candidates for Abacare, our award winning care business. That Recruit recognise the need for our business to attract quality candidates to care for our service users in the comfort of their own home. I have found them to be helpful and reactive to our business needs and look forward to our continued working relationship.

Peter Abacare, Abacare
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What our clients say about us

Quantity of applicant received was tremendous. Required a lot of sifting but evident that the advert reached a broad spectrum of candidates.

Jonathan, UberRaum Architects
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What our clients say about us

We are happy with the service and quality of applicants.

Collette, Labrums Solicitor
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What our clients say about us

We usually use recruitment agencies, however for this particular vacancy it seemed more appropriate to try a cheaper recruitment option. In setting up the initial advert it was very easy and quick, and the staff at ThatRecruit were very helpful and efficient in coming back to me and in authorizing the advert. The software to manage the vacancy was easy to use and the ability to mark candidates with a status was helpful. As an improvement it would be useful to be able to select all those marked as rejected and be able to bulk message them with a decline message or have an option to allow the candidates to see their status. Overall it’s been easy to manage this recruitment placement through ThatRecruit and we had an exceptional response to the advertisement with 72 applicants and having to close the advert early.

Luan Mahoney, Chadney Bulgin
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What our clients say about us

The process was easy to manage and we received a high number of responses.

Stephen, Cherwell College Oxford
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What our clients say about us

Thanks again for your fantastic service don’t change anything it works great!

Max, Climate Group
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