SMEs/Small Businesses are crucial to our economy

According to government statistics, in 2016 there were around 5.5m businesses in the UK, an increase of about 23pc since 2010. Of these, one million small businesses, 4,000 medium-sized businesses and 900 large businesses were new. Small businesses accounted for 99.3% of all private sector businesses. Total employment in SMEs was 15.7 million; 60% of all [...]