Home / Features / Darius McDermott: Why the UK small and mid-cap story is as strong as ever Darius McDermott: Why the UK small and mid-cap story is as strong as ever FTSE Small-Cap has risen 111% since last March, compared with 75% for the FTSE 250 It’s no secret that UK mid and small-caps have been through the wringer in the past five years, courtesy of Brexit and the Covid pandemic. Therefore, I was pleasantly surprised to read that both indices had recently approached all-time highs*. In any normal situation, now would probably be the time to think about cashing in – but on this occasion it feels like there is plenty more progress to be made as the economy begins to return to some semblance of normality.