ECI finds UK high-growth firms want single-market access

In its annual ECI Growth Survey, the firm found access to the EU's workforce was the second priority, with 58% of respondents citing this in their responses. ECI said this was primarily driven by skills shortages, with 77% of companies saying they suffered from such constraints.

However, though just more than half of the respondents said they expected it to be more difficult to access finance, 69% said they expected increased revenues in the coming year.

Recent figures from unquote" data found private equity dealflow remained resilient in the month following the UK's vote to leave the EU, with a particular uptick in deals in the small-cap and lower-mid-cap markets.

The ECI survey received 315 responses from CEOs of companies growing at rates of 5% and above with a turnover of £10-200m. Of particular note, 100% of Scottish respondents to ECI's survey said single-market access should be the top priority. Nationwide, 86% of consumer companies and 85% of business services companies also cited this factor.

The report, undertaken from the end of June through to August, found 69% of respondents saw an economic downturn as their biggest fear, with 79% of healthcare companies in particular anxious about the economy.

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• Topics
• UK / Ireland
• Investments
• United Kingdom
• Brexit
• ECI Partners