Small businesses and the UK economy - Commons Library Standard Note

Published 19 December 2012 | Standard notes SN06078

Authors: Chris Rhodes

Topic: Small businesses

• In 2012, there were 4.8 million businesses in the UK.

• Over 99% of these businesses were small or medium sized businesses, employing less than 250 people.

• 4.6 million or 96% of all businesses were micro-businesses – employing 0-9 people.

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