SME business numbers skyrocket
Editor | 11 December 2017
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The number of small and medium sized businesses (SMEs) has skyrocketed in the UK.
The Government now estimates that there are 5.7 million private sector businesses at the start of 2017 and 99.9% of these companies were SMEs.
This represents an increase of 197,000 businesses set up since the start of 2016 and a whopping 2.2 million since 2000.
That’s an increase of 64% in 17 years.