Small Businesses
(asked on 23rd April 2024) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, if she will make an estimate of the number of small and medium-sized businesses in (a) 2010, (b) 2015, (c) 2020 and (d) the most recent year for which figures are available.
This question was answered on 1st May 2024
Estimated number of private sector small and medium-sized businesses at the start of 2010, 2015, 2020 and 2023 (the latest year for which data is available) are provided in the table below.
Table: Estimated number of private sector small and medium-sized business by year
| Number of businesses |
2010 | 4,476,700 |
2015 | 5,394,300 |
2020 | 5,972,600 |
2023 | 5,547,100 |
Source: Business Population Estimates