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Yorkshire Bank, part of CYBG, has commissioned new research in partnership with Telegraph Spark, the commercial content arm of The Telegraph, to investigate the key challenges facing SMEs today in areas including finance, tech, HR, Brexit and other political issues.

The research launched during a breakfast event for SMEs at Yorkshire Bank’s innovative new store – B Works – on Wednesday 20th February. Hosted by Nicholas Owen, ex BBC correspondent, the panel discussed the key challenges that smaller businesses will face in 2019 – a year that will see an increasing millennial workforce, the prospect of international trade disruptions, disruptive technologies and ongoing political uncertainty.

Key research highlights:

Graeme Sands, Business Banking, Corporate &Mid Market Director at Yorkshire Bank said, “The report launched today reveals generally positive news. Despite an uncertain backdrop, particularly as SMEs face challenges around technology, sourcing talent and an ever-changing political landscape, smaller businesses seem fairly stable. Future success will depend on their ability to deliver services consistently and efficiently, tapping into a range of funding sources, developing skills where necessary and embracing innovation and change.”

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