Greg Hands, MP for Chelsea & Fulham and Chief Secretary to the Treasury, congratulates Local Businesses on London Stock Exchange Success

Greg Hands MP was delighted to congratulate three businesses based in Chelsea & Fulham on being selected for the London Stock Exchange’s 1000 companies to Inspire Britain’ report. Parallel Consulting Limited, Portman Healthcare Limited, and Sweaty Betty Holdings Limited, feature in this annual publication, which celebrates the UK’s most dynamic and fastest-growing small and medium sized businesses.
 
Speaking after the announcement, Member of Parliament for Chelsea & Fulham, Greg Hands, said: “I am delighted to see the success of our local businesses being recognised on the national level. It’s great that the entrepreneurial spirit is flourishing in Chelsea & Fulham. Small businesses play a vital role in our economy and in local communities, supporting innovation, jobs, and growth. I hope that other companies in the local area will be inspired by the success of these home-grown firms.
 
The publication can be found online at www.1000companies.com. As well as identifying the 1000 companies, the report also examines in detail the opportunities and challenges facing SMEs and looks at the sectors and trends that will shape the future of the UK economy. The companies highlighted in the report are expanding at an average of 50 per cent a year. Fast-growing companies are appearing in all regions of the UK, with 78 per cent now headquartered outside London.
 
Launching the publication, Xavier Rolet, CEO of the London Stock Exchange Group, said: “High growth SMEs are the driving force behind the UK economy, developing the skills, jobs and growth we need. But ambition alone is not enough; their success must be highlighted and their growth properly supported with appropriate finance. That’s why today is so important: demonstrating the strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies to support these inspiring businesses.”