In the UK, SMEs account for 99% of the total number of businesses currently trading.
SMEs account for three-fifths of all the UK's employment and around half of all turnover in the UK private sector.
Total employment in SMEs is some 16.7 million (61% of the total), whilst turnover is estimated at £2.4 trillion (53%).
SME's are the lifeblood of the UK economy

Business Chamber is your local, national small business news website. We discuss the small latest news, views and opinions that impact the self employed, micro businesses and small to medium enterprises that are the backbone of the UK economy and employment.