UK Digital Business Index published
UK growth prospects could be affected by SMEs slow take up of digital technology
As part of its commitment as a founder partner of Go ON UK - a cross-sector charity aiming to make the UK the most digitally skilled nation - Lloyds Bank has designed the first annual UK Business Digital Index. The Index tracks the use of digital technology among businesses and charities, including their use of social media; online sales; adoption of online security measures; use of digital advertising; and level of basic online skills based on consumer surveys and analysis.
Businesses tell us that they struggle to find the time to get digitally active, in some cases they don’t necessarily have the right skills or the right people, or they are struggling to find the investment to be able to get online.
Jen Tippin, Managing Director of Retail Business Banking