THE majority of small and medium-sized businesses in York believe they are hampered by a North-South divide, according to research.

The research into perceived inequalities stunting growth by TalkTalk Business found that 89 per cent of small and medium-sized businesses in York believed there was still a North-South divide.

The study found that 79 per cent of businesses felt the government provides more funding and investment to firms in London and the South East, while 56 per cent believed companies in and around the capital have access to the most skilled pool of employees.

Only 20 per cent of small and medium-sized businesses in York would relocate their business to a different region though, with 14 per cent opting for the South East, 15 per cent wanting to move abroad and 23 per cent preferring a switch to the Midlands.