© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Rural Businesses in UK Are Struggling According To Recent Survey
Posted 28th April 2023

Rural Businesses in UK Are Struggling According To Recent Survey

Rural businesses in the UK are struggling to compete with their urban counterparts due to a lack of public infrastructure and skilled labour, according to a recent survey by the British Chambers of Commerce (BCC) and small business platform Xero. 

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Rural Businesses in UK Are Struggling According To Recent Survey

Rural businesses in the UK are struggling to compete with their urban counterparts due to a lack of public infrastructure and skilled labour, according to a recent survey by the British Chambers of Commerce (BCC) and small business platform Xero. 

The survey revealed that over half of small and medium-sized enterprises (SMEs) in business, retail, or industrial parks were not satisfied with public transport provision, rising to 79% in rural areas, compared to 42% in towns, villages, and high streets.

Rural Business Struggles

The survey found that there was a significant divide in broadband connectivity, with only 56% of rural SMEs reporting reliable broadband, compared to 82% in urban areas. The shortage of reliable broadband and poor transport infrastructure is having a significant impact on rural businesses, making it difficult for them to compete with urban businesses that have better access to these resources.

Furthermore, a number of SMEs have also reported difficulties in recruiting suitably skilled workers. This issue is compounded by the fact that many young people in rural areas move to urban areas for work, resulting in a shortage of skilled labour in rural areas.

According to Alex Veitch, Director of Policy and Public Affairs at the BCC, the rural-urban divide continues to exist between firms in the UK. Rural businesses generally report higher levels of dissatisfaction with the quality and availability of local resources, which puts them at a significant disadvantage. 

High-quality public infrastructure and access to a skilled labour force are both crucial to the success of a business, particularly SMEs. Therefore, the development of public infrastructure must be urgently prioritised by the government.

Why Could This be a Problem?

Rural businesses are essential for sustaining local economies and providing jobs and essential goods and services to rural communities. They contribute significantly to the economy, generating income and supporting the tax base. They also offer employment opportunities that can help to keep people in their communities and close to their families instead of forcing young professionals to move into big cities like London and Birmingham.

In addition to their economic importance, rural businesses play a key role in supporting rural development. They can help to promote sustainable development, conserve natural resources, and contribute to the development of local infrastructure. Rural businesses can also help to preserve local culture and heritage by promoting traditional skills, crafts, and products.

What Do Rural Businesses Want?

Shadow Secretary of State for Environment, Food, and Rural Affairs, Jim McMahon, believes that the past 13 years of Tory rule have weakened the foundations of rural communities. This has resulted in unaffordable housing, funding cuts for transport, overworked GPs and dentists, and the closure of community hubs such as village shops, post offices, and pubs. McMahon believes that the government must do more to support rural communities and businesses to help them raise money, enable them to thrive and compete with their urban counterparts.

Many businesses are calling for the government to prioritise the development of public infrastructure in rural areas to enable local and small businesses to function. This investment would, in theory, help bridge the rural-urban divide and ensure that rural communities can compete with their urban counterparts.

Categories: News, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
6 Common Reasons Why New Stock Market Investors Fail
Finance
14/12/20206 Common Reasons Why New Stock Market Investors Fail

While trading has been made easier than ever thanks to all the tools and options we now have at our disposal, it is still far from easy.

Read Full PostRead - Eye Icon
Global Headwinds Fail to Stifle Dubai Property Boom
Finance
31/07/2023Global Headwinds Fail to Stifle Dubai Property Boom

The UAE’s real estate market has outpaced both advanced and emerging economies over the past two years, according to the Bank for International Settlements. As central banks around the world tighten monetary policy, Dubai is setting itself apart. The emi

Read Full PostRead - Eye Icon
The Role of Innovation in Modern Marketing Strategies
News
28/05/2024The Role of Innovation in Modern Marketing Strategies

In the dynamic terrain of modern marketing, innovation isn’t just a buzzword; it’s the linchpin of success. Whether you’re managing an HVAC company or overseeing an eCommerce empire, novel strategies can dramatically amplify your reach and pr

Read Full PostRead - Eye Icon
How Debt Impacts Climate Disasters
Finance
16/05/2023How Debt Impacts Climate Disasters

Most of the countries that are vulnerable to climate disasters are also struggling with debt, which is making it harder for them to respond effectively to climate-related emergencies.

Read Full PostRead - Eye Icon
In Profile – Saikrishna & Associates
Legal
01/07/2016In Profile – Saikrishna & Associates

Based in Uttar Pradesh, India, Saikrishna & Associates is a highly renowned independent IP law practice, who over the years have continued to grow and expand their services. We profiled them to put the spotlight on their success.

Read Full PostRead - Eye Icon
3 Ways to Implement Modernity in Your Transportation Business
Innovation
21/12/20213 Ways to Implement Modernity in Your Transportation Business

The business of transportation is hardly new, however, some of the newest businesses to emerge onto the scene have models and processes that their predecessors do not. Even though this industry will for the most part always be an essential sector of business,

Read Full PostRead - Eye Icon
Gemfields Acquires  Montepuez Gem Licenses
M&A
02/04/2015Gemfields Acquires Montepuez Gem Licenses

We caught up with Ian Harebottle, CEO of Gemfields, to find out how his company’s acquisition of mining and exploration rights at Mozambique’s Montepuez ruby deposit is set to change the global ruby trade forever.

Read Full PostRead - Eye Icon
Intelligent Information Management
Innovation
21/07/2022Intelligent Information Management

M-Files provides a modern approach to information management that enables a smarter way to work. It connects people with the content that they need, when they need it, regardless of where it is stored, to increase the productivity of knowledge workers, ensure

Read Full PostRead - Eye Icon
5 Effective Leadership Styles in Education
Leadership
20/11/20205 Effective Leadership Styles in Education

Creating a positive learning culture in school is what is one of the most important and challenging jobs for any teacher. That’s because education is not only about going to school and giving a lecture. It also has a lot to do with instilling confidence and



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow