Middle-sized firms miss out

THE UK’S medium-sized firms have missed out on more than 240,000 additional jobs and over £35bn of increased revenues as they are less successful than their German rivals, an industry study reports today.

GE Capital found German’s Mittelstand firms expanded more rapidly than their British counterparts in the last three years, and remain far more confident.

The study found a stark difference in focus between the countries, with 26 per cent of UK firms looking to survive or maintain their size, compared with 14 per cent of German mid-sized firms.