General Article Businesses in the UK

Topic Selected: Business
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  • There were an estimated 4.5 million private sector businesses in the UK at the start of 2011, an increase of 94,000 (2.1 per cent) since the start of 2010.
  • These businesses employed an estimated 23.4 million people, and had an estimated combined annual turnover of £3,100 billion.1
  • Almost two-thirds (62.4 per cent) of private sector businesses were sole proprietorships, 27.7 per cent were companies and 9.8 per cent were partnerships. 
  • Small and medium-sized enterprises (SME)2 accounted fo...

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