THE CHALLENGE
Prime Minister Andy Burnham has set a bold ambition: to deliver “growth in every postcode, hope in every heart.” Today, Britain’s difficult job market means many are finding it hard to hope.
1.77 million
people of working age unemployed
5-year low
in job vacancies
Only 30%
of Brits optimistic about their job prospects in the next year
01
Ambition
Reinvigorating Britain’s sense of ambition — and reducing the drag that stops companies from achieving their full potential.
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Pellentesque enim risus, rhoncus in nisl volutpat, imperdiet posuere dui. Quisque pretium nulla ut condimentum semper. Maecenas id diam a ipsum dictum ullamcorper elementum vel risus. Maecenas felis ligula, finibus at aliquet et, posuere efficitur tellus. Maecenas lacus dolor, rutrum ut tortor eu, dignissim fringilla mi. Quisque vel imperdiet quam. Maecenas in tellus nunc. Aliquam vel arcu dolor. Vestibulum iaculis in tellus sit amet auctor.
Aenean et aliquam sem. Vestibulum tincidunt malesuada justo, sit amet sagittis nibh rutrum vitae. Morbi accumsan vestibulum lacus ac porta. Nullam orci sem, luctus sit amet purus sed, tincidunt semper massa. Fusce sed libero sed diam aliquet feugiat id eu urna. Phasellus vestibulum suscipit felis.
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02
Ambition
Making it easier for ambitious businesses to access capital — and broadening capital ownership so society shares in their success.
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Pellentesque enim risus, rhoncus in nisl volutpat, imperdiet posuere dui. Quisque pretium nulla ut condimentum semper. Maecenas id diam a ipsum dictum ullamcorper elementum vel risus. Maecenas felis ligula, finibus at aliquet et, posuere efficitur tellus. Maecenas lacus dolor, rutrum ut tortor eu, dignissim fringilla mi. Quisque vel imperdiet quam. Maecenas in tellus nunc. Aliquam vel arcu dolor. Vestibulum iaculis in tellus sit amet auctor.
Aenean et aliquam sem. Vestibulum tincidunt malesuada justo, sit amet sagittis nibh rutrum vitae. Morbi accumsan vestibulum lacus ac porta. Nullam orci sem, luctus sit amet purus sed, tincidunt semper massa. Fusce sed libero sed diam aliquet feugiat id eu urna. Phasellus vestibulum suscipit felis.
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03
Talent
Unlocking the full potential of our homegrown talent — and attracting the world’s best and brightest to build their futures here.
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Pellentesque enim risus, rhoncus in nisl volutpat, imperdiet posuere dui. Quisque pretium nulla ut condimentum semper. Maecenas id diam a ipsum dictum ullamcorper elementum vel risus. Maecenas felis ligula, finibus at aliquet et, posuere efficitur tellus. Maecenas lacus dolor, rutrum ut tortor eu, dignissim fringilla mi. Quisque vel imperdiet quam. Maecenas in tellus nunc. Aliquam vel arcu dolor. Vestibulum iaculis in tellus sit amet auctor.
Aenean et aliquam sem. Vestibulum tincidunt malesuada justo, sit amet sagittis nibh rutrum vitae. Morbi accumsan vestibulum lacus ac porta. Nullam orci sem, luctus sit amet purus sed, tincidunt semper massa. Fusce sed libero sed diam aliquet feugiat id eu urna. Phasellus vestibulum suscipit felis.
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THE SOLUTION
We identified a group of companies that have an outsized impact on job creation: ‘super scalers’. These are scale-ups on steroids: growing at 20% per year for three years, with at least 50 employees and a minimum annual revenue of £5 million.
Britain’s ~10,000 super scalers:
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Employ more than 5 million people across the UK
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Accounted for more than 30% of all jobs created from 2020-24, despite making up less than 1% of all companies
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Increased their headcount by 46% on average during that period
Super scalers want to hire — quickly. But five ‘brakes’ are holding them back.
BRAKE 1
Slow movement of talent
Long notice periods and non-competes are causing major delays in recruitment.
BRAKE 2
Skills shortages
Access to talent is a huge constraint on Britain’s super scalers, with shortages in technical skills a particular problem.
BRAKE 3
Rising cost of hiring
Payroll taxes — such as the recent increase in National Insurance contributions — continue to make companies think twice about taking people on.
BRAKE 4
Lack of domestic investment
Too many super scalers are forced to look overseas for funds, which often come with pressure to relocate.
BRAKE 5
Rigid regulation and bureaucracy
As headcount grows, compliance and bureaucracy are a sap on energy — leaving less time and resource for pursuing growth.
ACT NOW
The Autumn Budget provides Andy Burnham’s government with a golden opportunity: to back Britain’s super scalers, accelerate job creation, and spread prosperity more widely.
Tell the Treasury to take the brakes off super scalers and accelerate job creation.
