Thursday, 24 October 2013

UK: BIS publishes business population estimates

The Department for Business, Innovation and Skills yesterday published its latest business population estimates: see here (pdf). At the start of 2013, there were an estimated 4.9 million private sector businesses in the UK, of which 62.6% were sole proprietorships, 28.5% companies and 8.9% ordinary partnerships. 99.9% of private sector businesses are classed as SMEs.

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