That's true, when I worked with the BPE stats team they didn't have to contend with that!

I'm guessing I'm behind on data and definitions

That's an average turnover of over £40m. That sounds pretty high. The old vital 6% report found HGFs accounted for 55% of jobs over a three year period, but that was of jobs created and about half of the contribution came from HGFs that were already large when the growth episode started.

From BPE it seems the largest SMEs (~38k businesses with 50+ employees) have a total turnover of ~0.9 trillion. Does the scale-up figure include those that have become large or even those that started large? Is it about share of revenue growth rather that total sales? www.gov.uk/government/s...

Ah okay. Thanks. I was worried I'd exposed an inability to spot a massive "download the summary report button"

Hi Tera, yes good to see this progressing. Is there a copy of the draft report available to read?

I still hope to be able to apply the Business Basics model to other policy areas and strengthen links with academic research

At least when it comes to policy it would also be good to create more opportunities to combine or at least align research and programme funding.

Perhaps. Another push back is that SME policy doesn't matter.
Either way I've always thought it would be good to raise the focus on economics and outcomes. With a need for better data on the overall activity as well as properly testing the causal impacts of individual programmes

Yeah, my now IGL colleagues also tried to estimate several years back (I was at the time in BIS trying to dodge their FOIs). But to link subsidies to declining productivity are we assuming they've got larger; less effective or opportunity cost has risen?

Hi Paul, it'd be great to find out more about that data and your findings.
But I was also thinking about the subsidies themselves. How has the scale and (in)effectiveness of those changed?

Do they have some data on trends in the scale and targeting of the latter?