KPMG brought together businesses from across the Thames Valley this month to discuss opportunities for growth in the wake of uncertainty.
Guests gathered for the event at Windsor Castle. Mark Essex, director of public policy at KPMG, observed: “The UK has some marvellous opportunities for growth, but businesses need to disrupt to really achieve that growth. Let’s take AI in retail as an example. ‘Online’ hasn’t even happened to retail yet. We still put things in a basket before we checkout and pay for the goods; and an ancient Greek would recognise that. Think forward to when the ‘bots’ take over and begin to offer a personal service and do our shopping for us – they’ll be the experts in the food that’s good for us, and the clothes that suit us. This is where the housing, education, health, and entertainment sectors will really need to step in to support the high street.”
Terri Coughlan, a partner for KPMG who works with privately-owned businesses in the Thames Valley, added: “Businesses can’t hang around waiting for change to happen to them. They need to be the drivers for change if they’re going to grow. The art is to catch the opportunities at the right stage of growth.”
Coughlan’s top tips for growth:
Business advisory firm Quantuma has completed a pre-pack administration sale of Atlas Worcester Warriors Rugby…
A Coventry plumbing and heating company is planning future growth following a move to new…
The Key Safe Company, a provider of key storage products based just outside Worcester, is…
Deazy, a Bristol tech startup which connects clients with vetted dev teams, has named Marko Ivanovski…
SMEs developing AI solutions could receive a share of £7 million as government-backed UK Research…
Lucy Group, an Oxfordshire business specialising in power distribution, smart lighting and real estate, has…