UK small and medium sized enterprises (SMEs) could be putting future growth at risk if they don't make use of the internet to increase productivity, according to the Lloyds Banking Group's SME Digitisation Report 'Britain's Digital Opportunity'.
The report has been published as part of the Group's partnership with Go ON UK - an initiative which aims to make the UK the most digitally capable nation.
As a founding member of Go ON UK, we are committed to addressing the digital skills deficit and we are doing everything we can to improve the digital capabilities of our own workforce, our customers and the communities that we serve. Providing people with the right digital skills and confidence to use the technology will help them develop their businesses and provide a crucial competitive edge.
Martha Lane Fox, Chair of Go ON UK said: "The internet contributes more to UK GDP than to that of any other G20 country. It is critical that SMEs embrace the internet, develop their online skills and general digital capability in order to ensure their future in a competitive market both here and abroad."
To read the Lloyds Banking Group's Report, please click here.
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