ADS members consistently report ambition to grow, and the demand signals across all four of our sectors are strong. Conversations with Government are often centred around the ability of industry to deliver on the strategic priorities of the UK, provided the right support mechanisms are in place.
Over the last few years, access to finance and cash flow has been a consistent challenge for ADS members. It relates to the ability to ramp up capability, expand into new export markets or make investments in R&D and new technologies. The ADS Industry Outlook at the halfway point of the year highlighted cash flow and access to finance as a significant barrier to growth.
Gathering Evidence
To help identify the root causes of these issues, ADS has been working to develop strong evidence from a range of stakeholders on this topic. Supported by our evidence partners Stonehaven, we are now in the third phase of evidence gathering and need members’ help to get to the heart of the issues and articulate the breadth of experiences our members have.
Input is sought from a wide range of organisations: anyone who has ever interacted with financial services in the UK.This venture expands beyond our members, and we thank our peers in techUK, MakeUK and JOSCAR for their ongoing support in this area.
What do we need from you?
Below you will find a link to a short online survey. We urge you to take ten minutes from your day to outline your own experiences in this area. This feedback is anonymous.
The survey closes this week on Friday 6 September 2024 so please take this last chance to share your experiences and help shape the future conversations with relevant policymakers in HM Treasury (HMT), Ministry of Defence (MoD) and the Department for Business and Trade (DBT) and other key stakeholders.
Please click the link here to access the survey and feel free to reach out to Aimie Stone, Chief Economist at ADS if you have any questions.
