Firms plan to spend

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A survey has revealed Derbyshire businesses plan to spend their way out of financial difficulties in 2013.

Research undertaken by GrowthAccelerator, a Government backed coaching service that helps companies achieve high growth, revealed that across the Midlands 58 per cent of businesses predict they will grow by up to 20 per cent this year, 33 per cent of businesses will spend additional resources on training staff and 38 per cent have taken advice or coaching support in the past.

Simon Littlewood, head of Business Growth services at GrowthAccelerator commented: “In prioritising investment in staff training next year fast–growing businesses are showing they have faith in the strength of their business models.”